Barclays Capital launches Precision Pricing

Barclays Capital has launched Precision Pricing, an additional decimal place to the prices shown on screen.

July, 2005

Barclays Capital has launched Precision Pricing, an additional decimal place to the prices shown on screen. It is the first and only bank to offer this across a wide range of currencies and the only bank with the ability to offer EUR/USD prices in less than one tick. This move gives clients unprecedented flexibility on pricing decisions and execution and a more accurate snapshot of market activity.
Precision Pricing is available on Barclays Capital's proprietary platform and via its FIX API connectivity. It will later release the functionality on participating multi-dealer platforms and ECN's.