exchange rate

[fiveworlds]

Does anybody know what currency ATM is?? I was looking through the banks exchange rate xml files which were basically USDJPY or EURJPY but I found USDATM and EURATM is that just the exchange rate when I use the atm or is there a currency called ATM??

Edited December 4, 2015 by fiveworlds

[DevilSolution]

I'd suggest its related to automated trade mechanism, by which the bank would have some automation approach to a currency, possibly the arbitrage of each currency to another through this ATM symbol. (at a guess).

 

Banks may have rates for exchange of currencies via ATM's if you can take out different currencies through an ATM. But i have no idea, its not a currency anyway. Not in any conventional sense.

 

Was there just symbol data or any descriptive data in the xml?

Edited December 4, 2015 by DevilSolution

[fiveworlds]

Was there just symbol data or any descriptive data in the xml?

 

 

It looks like this. It is last in a list of many others ie. USDCAD etc.

 

<ccypair name="USDATM">

<source time="04/12/2015 7:30:00" name="AC"><bid>0.7207</bid><mid>0.7208</mid><offer>0.7209</offer></source><product name="Notes"><type name="Asset Control"><band id="1" bandstart="0" bandend="900"><bid>0</bid><offer>0</offer></band><band id="2" bandstart="900" bandend="70000"><bid>0</bid><offer>0</offer></band></type><type name="Customer"><band id="1" bandstart="0" bandend="900"><bid>0.7029</bid><offer>0.7460</offer></band><band id="2" bandstart="900" bandend="70000"><bid>0</bid><offer>0</offer></band></type><remit><bid>0</bid><offer>0</offer></remit><type name="Staff"><band id="1" bandstart="0" bandend="70000"><bid>0</bid><offer>0</offer></band></type></product><product name="Cheques"><type name="Asset Control"><band id="1" bandstart="0" bandend="900"><bid>0</bid><offer>0</offer></band><band id="2" bandstart="900" bandend="70000"><bid>0.7108</bid><offer>0.7309</offer></band></type><type name="Customer"><band id="1" bandstart="0" bandend="900"><bid>0</bid><offer>0</offer></band><band id="2" bandstart="900" bandend="70000"><bid>0</bid><offer>0</offer></band></type><remit><bid>0</bid><offer>0</offer></remit><type name="Staff"><band id="1" bandstart="0" bandend="70000"><bid>0</bid><offer>0</offer></band></type></product>

</ccypair>

 

If it follows the pattern of the others the exchange rate is given by <bid>0.7108</bid><offer>0.7309</offer> where bid is what the bank buys for and offer is what they sell for.

Edited December 4, 2015 by fiveworlds

[DevilSolution]

HMM interesting, the values are close to USD/GBP or thereabouts 1/1.5 ish. There are other types of trades that can be made like binary options and bonds etc so it might be some specific type of trade option against said currency.

 

How did you get the xml?

 

Each broken (or bank) allows you different types of trade options based on the account type and deposit etc,

 

Some brokers even let you trade shares with leverage so it could be quite a few things, the exact values though should give some indication.

Edited December 5, 2015 by DevilSolution

[fiveworlds]

How did you get the xml?

 

 

Well some banks just give you their xml. There isn't really any security issue on it because they actively advertise their exchange rates.

 

http://www.ecb.int/stats/eurofxref/eurofxref-daily.xml

 

Other banks generate webpages server side. You cannot use their xml files. You can however read the exchange rates they give you download them and parse them in asp,php etc as an array.

 

http://www.capitalmarkets.ulsterbank.com/exportrates.aspx

 

The third option is where the bank generates their exchange rates using javascript and/or an xml file. If you read their webpage javascript you will find a link to a file. An example of this is

 

http://personal.aib.ie/content/dam/aib/personal/foreginratesXml/foreginratesXml.xml

How did you get the xml?

 

 

Well some banks just give you their xml. There isn't really any security issue on it because they actively advertise their exchange rates.

 

http://www.ecb.int/stats/eurofxref/eurofxref-daily.xml

 

Other banks generate webpages server side. You cannot use their xml files. You can however read the exchange rates they give you download them and parse them in asp,php etc as an array.

 

http://www.capitalmarkets.ulsterbank.com/exportrates.aspx

 

The third option is where the bank generates their exchange rates using javascript and/or an xml file. If you read their webpage javascript you will find a link to a file. An example of this is

 

http://personal.aib.ie/content/dam/aib/personal/foreginratesXml/foreginratesXml.xml

How did you get the xml?

 

 

Well some banks just give you their xml. There isn't really any security issue on it because they actively advertise their exchange rates.

 

http://www.ecb.int/stats/eurofxref/eurofxref-daily.xml

 

Other banks generate webpages server side. You cannot use their xml files if they use them at all. You can however read the exchange rates they give you download them and parse them in asp,php etc as an array.

 

http://www.capitalmarkets.ulsterbank.com/exportrates.aspx

 

The third option is where the bank generates their exchange rates using javascript and/or an xml file. If you read their webpage javascript you will find a link to a file. An example of this is

 

http://personal.aib.ie/content/dam/aib/personal/foreginratesXml/foreginratesXml.xml

 

The fourth option is that the exchange rates are given in just plain html such as in this case they didn't use xml at all or they have changed how their server handles .html files.

 

https://www.nbc.ca/en/rates-and-analysis/interest-rates-and-returns/exchange-rates.html

 

The american bank citigroup uses csv and javascript

 

http://www.citibank.com/czech/gcb/personal_banking/data/rates.txt

Edited December 8, 2015 by fiveworlds