Login required. RBC Capital Markets plans to launch decimalised pricing in the second half of the year on its single-dealer platform, FX Direct, bringing it into line with banks including Deutsche Bank, Royal Bank of Scotland, Citi and Barclays Capital. Click here for the full story.
Filed under: FX, Single-Dealer Platforms | Tagged: decimalisation, FX Direct, RBC |
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“decimalised pricing”? Does this mean prices are now including fractions of pips?
The description “decimalised pricing” sound more like the platform is trading in halves, quarters, eighths and sixteenths currently!