Thomson Reuters launches half-pip pricing in AUD/USD
The move will allow more accurate pricing in the pair amid tight spreads
Thomson Reuters has introduced half-pip pricing in AUD/USD quotes across its FX platforms and data feeds in a bid to increase granularity in the pair.
Starting on March 21, quotes for the cross will extend to the fifth decimal, with the last digit either 0 or 5.
“The change supports the increased use of algorithmic and API-driven FX trading in the marketplace, which is in turn driving many of our clients to seek even more granularity in pricing,” says Paul Clarke, head of FX venues at Thomson
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