Thomson Reuters publishes Matching rule book

Update comes after year-long consultation with clients

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Phil Weisberg, Thomson Reuters

Thomson Reuters has published an updated rule book for its anonymous currency trading platform, Matching, following a year-long consultation with market participants and a draft update earlier this year.

The platform has tweaked its requirements on fill ratios, minimum quote life and tick sizes, and increased surveillance measures to police activity on the venue. It has also announced a pilot project to trial randomised order processing in a selected currency pair from early 2015.

"The Rule Book

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