Compare FX Executions (FX Browser)
Instructions
IBKR clients can now analyze the quality of their forex executions in comparison to forex trades by other IBKR customers through the FX Browser tool in Client Portal. The tool provides transaction data for the 15 forex transactions that occur immediately before and after in the same currency pair of the client's transaction. To view this information, follow the steps below.
Using the FX Browser Tool:
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Go to Get Help. Scroll down and click Compare FX Executions (FX Browser).
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Search for an Executed Trade and press Submit.
The next screen will display the list of executions for the account on a specified day. Select the execution for which you wish to receive statistics, then click the "Download NFA Report" button.
Note that the number of transactions may be limited to fewer than the stated 15 as the NFA has also placed a 15-minute window on the query; i.e. if, within a 15-minute window before and after execution there are fewer than 15 executions the query will return only those executions which occurred within the time window.
Reading the Report
The results, returned in a new tab, will contain the 15 executions before and 15 executions after the trade you selected on the previous screen. Per the note above, if fewer than 15 executions occurred in the 15-minute time frame only those executions will be displayed.
The query results will include the following information:
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Execution date and time, as expressed in Eastern Time
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Side (buy or sell)
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Quantity (of Transaction Currency)
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Currency pair
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Execution price
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Commissions and other charges assessed by the FDM
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Currency denomination of commissions
Your trade will be marked as Trade Number "0" and the trades before and after will be numbered 1 to 15.