Thomson Reuters adds JPY/THB to Matching

Trading the yen and baht directly will increase market liquidity and transparency

yen and baht - thailand and japan - Getty - web.jpg
Yen and baht: addition of the crosses will benefit liquidity in interbank trading, as well as secondary markets

Thomson Reuters has launched Thai baht and Japanese yen cross-currency pairs on its electronic trading venue, Matching, with the aim of increasing transparency and liquidity by enabling direct trading between the two.

The addition of the new crosses comes after the Japanese Ministry of Finance and Thailand’s central bank reached a mutual agreement to support initiatives that promote the use of local currencies for trade and investment settlement.

“The launch of JPY/THB on Thomson Reuters

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