Thomson Reuters announced that, following consultations with market participants, it is revising its foreign exchange trading rules
“We want to make sure people are using the platform for its intended purposes – genuine commercial interest in trading – and ensure that’s the kind of liquidity we’re getting”
Thomson Reuters is updating its Rule Book, a code of conduct designed to foster higher trading standards:
- Will outline new guidelines for fill ratios
- Minimum quote lives
- And tick sizes
Reuters has more