Thomson Reuters switches to 25 pip pricing in Russian ruble

Move comes less than a year after increasing minimum tick size to five pips

Phil Weisberg, Thomson Reuters

Thomson Reuters Matching is introducing a 25 pip minimum tick size for Russian ruble trades, against the dollar and the euro, less than a year after the platform operator launched a minimum tick size of 5 pips on those pairs, according to an email sent to customers on Monday and seen by FX Week.

The changes will be effective from April 28, after which only values of 00/25/50 or 75 will be valid in the system, according to the email. The so-called quarter kopek pricing reduces price granularity

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: