Execution Policy
We absolutely enforce the execution principle of no duplicate quotes, no rejection of orders, no intervention of traders.Wisunofx provides lower latency and faster trade execution, ensuring that trades are processed with minimal delay. This high-speed performance is crucial for capitalizing on market opportunities quickly and efficiently. Reduced latency enhances the accuracy of trade execution, especially in fast-moving or volatile markets, helping traders achieve better results and maintain a competitive edge.
<13ms
Lower Latency, Faster Trade Execution
At WisunoFX, speed of execution is extremely important. We absolutely implement the execution principle of no duplicate quotes, no order rejection, no trader intervention, invest heavily in technology, and work with the world’s top banks to provide traders with greater and more reliable liquidity. With the world’s leading trading software, powerful servers use enterprise-grade tunneling connections to ensure lower latency and faster transaction execution for our clients.
99.35% of orders< 13ms ultra fast execution
Wisunofx boasts an impressive ultra-fast execution time, with 99.35% of orders being processed in under 13 milliseconds. This rapid execution ensures that trades are executed with minimal delay, allowing traders to take advantage of market opportunities quickly and efficiently. This speed is crucial for maintaining a competitive edge, particularly in high-frequency trading and fast-moving markets.
Quotes are completely transparent and are executed without intervention of a trader
Wisunofx ensures that quotes are completely transparent and executed without the intervention of a trader. This means that all market prices are clearly displayed, and trades are executed automatically based on these transparent quotes. This approach minimizes the potential for manipulation or bias, providing a fair and efficient trading environment where trades are processed quickly and accurately.
FREQUENTLY ASKED QUESTIONS
An execution policy outlines how a brokerage firm executes client orders in financial markets. It details the procedures and standards used to ensure that trades are executed efficiently and in the best interest of clients.
WisunoFx employs various execution models, including:
Market Execution: Orders are executed at the current market price.
Instant Execution: Orders are executed at the price specified by the trader, or they are rejected if the price changes.
STP (Straight Through Processing): Orders are passed directly to liquidity providers without manual intervention.
WisunoFx ensures best execution by:
Using Multiple Liquidity Providers: Accessing a broad range of liquidity sources to find the best available prices.
Employing Advanced Technology: Utilizing sophisticated trading systems and algorithms to process orders efficiently.
Adhering to Regulatory Standards: Complying with financial regulations and best practices to safeguard clients' interests.
Several factors can influence trade execution, including:
Market Conditions: Price fluctuations and volatility can impact execution speed and price.
Order Type: Market orders, limit orders, and stop orders are executed differently.
Liquidity: Availability of liquidity at the desired price affects execution.
Spread: The difference between the bid and ask price can impact execution quality.
Yes, orders may be rejected or re-quoted under certain conditions:
Price Changes: If the market price changes before the order is executed.
Insufficient Liquidity: If there is not enough liquidity to fulfill the order at the requested price.
Order Type: For certain order types or during periods of high volatility.
Slippage occurs when there is a difference between the expected price of a trade and the actual execution price. It can happen due to:
Market Volatility: Rapid price changes can lead to slippage.
Order Size: Large orders may experience slippage if there is not enough liquidity.
WisunoFx strives to minimize slippage but acknowledges that it can occur, especially during volatile market conditions.
Client orders are prioritized based on:
Order Type: Market orders are usually executed immediately, while limit orders may be queued based on price and time.
Time of Receipt: Orders are processed in the sequence they are received, subject to market conditions.
Risks include:
Slippage: Differences between expected and executed prices.
Re-Quotes: Requests for revised prices due to market changes.
Order Rejections: Orders may be rejected if conditions are not met.
Understanding these risks can help you manage expectations and strategies effectively.
WisunoFx provides tools and reports to review execution quality, including:
Trade Confirmations: Details of executed trades, including prices and timestamps.
Execution Reports: Periodic reports on order execution and performance.
You can access these reports through your trading platform or client portal.
If you suspect an issue with trade execution:
1. Review Trade Details: Check your trade confirmations and execution reports.
2. Contact Support: Reach out to WisunoFx’s customer support for assistance and to report any discrepancies.
3. Provide Evidence: Supply any relevant details or documentation to support your claim.
During periods of high volatility:
Execution Speed: Orders may be executed at the best available price, which could be different from the expected price.
Slippage: Increased likelihood of slippage due to rapid price changes.
Re-Quotes: You might receive re-quotes if the market price changes before execution.
Clients typically cannot change the execution policy or model. However, understanding the available execution types and choosing the appropriate order types can help align with your trading preferences and strategies.
WisunoFx reviews its execution policy periodically to ensure compliance with regulatory requirements and to optimize order execution practices. Updates and changes to the policy are communicated to clients as needed.
Detailed information about WisunoFx’s execution policy is available on the company’s website in the Execution Policy section. For specific queries, you can also contact WisunoFx’s customer support.
WisunoFx complies with regulatory requirements by:
Adhering to Best Execution Standards: Following industry standards and regulations for order execution.
Transparency: Providing clear information about execution policies and practices.
Regular Audits: Conducting regular audits to ensure compliance with regulatory standards.
Execution policy can impact trading costs through:
Spreads: The difference between the bid and ask price.
Slippage: Variations between expected and executed prices.
Order Fees: Potential fees associated with different types of orders.
Understanding these factors can help you manage your trading costs effectively.
