Global Currencies FAQ

Forex FAQs

-+What time are historical exchange rates made available?

Historical exchange rates are available each day at 00:10 AM GMT (12:10 AM London Time) for the previous day. We time stamp each rate at 23:59:59 GMT to allow for consistent comparisons or reverse rate conversions.

-+How often is your data refreshed?

Our real-time forex data is updated in true real-time as new quotes are issued by market participants.

-+ Where do you get your forex data?

Our spot exchange rates come from Morningstar and SIX Financial Information. Xignite combines multiple high quality sources to provide high levels of liquidity, coverage and redundancy as the rates fare obtained from a broad base of trading desks in the world’s largest banks, brokers and forex marketplaces.

-+How do you calculate highs and lows?

Highs and lows are calculated as the highest and lowest values for the mid-rate from 00:00:00 to 23:59:59 London Time. Rates are not available on from Friday 5PM ET to 6PM Sunday ET.

-+Can I get an exchange rate from any currency to any currency?

Xignite receives direct exchange rates for most currency pairs. If an exchange rate is not available for a currency pair, we calculate it by “crossing” it through a major currency.

-+Do you provide a real-time currency converter API?

Yes. The ConvertRealTimeValue operation of the XigniteGlobalCurrencies API converts a value from one currency to another in real-time.

-+ Does Xignite use Bid, Ask, or Mid as the "exchange rate" value?

This is a configurable setting and you can choose if you want Bid, Ask, or Mid to be used in the output.

-+Who are the original contributors for your FX data?

Allied Irish, Commerzbank, Den Norske Bank, European Central Bank, Nordea Bank, SAXO, UBS, Banca D’Italia, Banco de Espana, SA, Banco de Mexico, Bank of Canada, Bank of England, Banque de France.

-+What are your forward rates quoted in?

Forward points = 1/10,000 of a percent

Global Currencies FAQ

Forex FAQs

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