Barclays Capital launches Precision Pricing

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

First Published by e-Forex News: 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.