Bank Order Levels

Ok, so I am part of this news service and part of there service is showing Bank Order Levels. My question is, where do they source these from? Anyone know?


bump…

If you’re a subscriber to their news/data service then why not try asking them.
These trade services are usually quite amenable & approachable.

Depending on their size & experience they’ll generally have contacts at various institutions.
If they’ve worked & operated at front-of-desk they’ll also possess knowledge & insights into specific currencies with particular focus on usual inflection points where orders begin to congregate up & down the price ladder.

The technical prompts such as the moving average levels, daily, calendar & session highs/lows are also common activity zones of institutional & hedge fund players.

If they deal with specific banks or firms they will get a feel for the appetite of specific currencies at particular levels by proxy, hence the comments such as ‘medium demand…light offers…heavy bids’ etc etc.