Decimalisation unlikely on Thomson Reuters Matching, says Jas Singh
Quoting prices to the fifth decimal place on Thomson Reuters Matching is highly unlikely for the foreseeable future, despite many other platforms having moved to decimalisation, according to Jas Singh, global head of treasury at Thomson Reuters in London.
"Many platforms have moved to the fifth decimal when quoting prices, but I strongly believe we shouldn't go there. The overwhelming feedback from our clients – both banks and non-banks – is that they didn't want to go there either," said Singh
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