Common comparison error
Price source transparency is not comparable until instrument, quote side, time, precision, source, and Price feed align.
GlossaryMarkets & assets
Price-source transparency
How clearly a broker identifies the instrument, quote source, timing, and settlement basis used for a contract.
Detailed explanation
How Price-source transparency works in practice
01
Mechanics
Transparent pricing identifies the exact instrument, venue, provider, benchmark, or proprietary calculation; the quote side; timestamp; precision; entry and settlement rules; filtered ticks; fallback source; and correction process.
02
Worked example
Capture the broker chart, order ticket, accepted entry, final history value, and an external reference at the same UTC time. Explain expected bid-ask, sampling, methodology, and latency differences instead of comparing screenshots at unmatched times.
03
Decision rule
Price-source transparency supports auditability but does not alone prove legal status or fair dealing. Keep market-reference, OTC, derived, and synthetic models separate in rankings.
Practical use
How to verify Price-source transparency
Read Price-source transparency together with Broker-created price, Price feed, Market-reference symbol. The comparison must preserve the exact rule, value, state, and evidence described below.
A neutral example
A real-time claim for Price source transparency is measured with synchronized samples, isolating clock error before comparing latency with Broker created price. This cannot be swapped with a neighboring term: for Price source transparency, instrument identity, provider, timing, quote side, settlement basis, and fallback should be explicit.
Evidence path
Where to verify Price-source transparency
Use the source that governs the exact contract, account, entity, or platform state. A general definition cannot replace current broker terms.