TR Matching launches half-pip pricing in EUR/USD

Slashes data update frequencies

phil-weisberg-thomson-reuters
Phil Weisberg, Thomson Reuters

Thomson Reuters Matching has introduced a fifth decimal place of zero or five in EUR/USD quotes in a bid to increase pricing precision, while slashing the frequency of its trading data updates to 100 milliseconds, as it seeks to bring the frequency of updates in line with other platforms.

The new half-pip pricing will only apply to EUR/USD for the time being, while the speedier data updates will be rolled out for a select number of currency pairs. Previously, trading data was updated every 250

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