Foreign exchange (FX) rates are traded over-the-counter (OTC), meaning there is no centralized exchange to standardize rates. Different providers source rates from various contributors, leading to discrepancies. The extent of these differences depends on market liquidity—more liquid currency pairs tend to have smaller variations, while illiquid or exotic currencies may show greater differences.
All FAQs
03.28.2025
|Crypto & FX
|FAQ
|3
What does QUODD do to ensure FX rates are accurate?
QUODD employs a proprietary monitoring system that continuously tracks each currency pair. Our filtering mechanism adjusts to real-time market conditions, designed with the intent to enable us to detect and exclude anomalous or erroneous rates ...
06.03.2024
|Crypto & FX
|FAQ
|3
How often are QUODD forex rates data refreshed?
The Global Currencies API provides real-time forex data which is updated in true real-time as new quotes are issued by market participants.
05.31.2024
|FAQs
|Free Trial
|1
Does QUODD offer a free market data API trial?
Yes, QUODD offers a free market data API trial.