How fast can you trade FX?
Experienced execution traders generally have an intuition as to when, and how, to trade a currency pair without unduly causing market stress.
However, less experienced traders – typically those who predominately trade, or have a background in, other asset classes – may overestimate the available liquidity in the FX market based on the daily notional volumes traded. This is because on streaming or RFQ protocols they are filled immediately and do not know how long the liquidity provider holds the risk.