FXCM Introduces Decimals Pricing for Several Indices and Commodities

Friday, 22/01/2016 | 15:46 GMT by Victor Golovtchenko
  • FXCM is set to make further changes to its CFDs offering after revamping its market making technology last October.
FXCM Introduces Decimals Pricing for Several Indices and Commodities

FXCM Inc (NYSE:FXCM) has issued a note to its clients that the company will be introducing a decimalization of the prices of certain CFDs contracts. Starting this month, the company will be adding two decimals to the price of several indices starting with the French CAC 40, where the changes have already been implemented.

After removing stop and limit orders restrictions, the changes which FXCM Inc introduced to its CFDs market making mechanisms are paying off with better conditions for traders. The company has announced to its clients that the decimal pricing will become available for a raft of indices, crude oil and natural gas contracts.

FXCM Inc (NYSE:FXCM) revamped its market making technology in October last year. At the time the company stated that the new Risk Management methodology which the company had been using when handling CFDs will permit it more flexibility.

With the prospects for the company to increase its revenues from CFDs trading due to the efficiency of managing market exposure, the firm is now making additional changes. According to the October announcement, FXCM Inc (NYSE:FXCM) has gained the ability to hedge market exposure in the futures market in real-time with very high-frequency Execution .

The upgrade in the precision in the quotes is affecting the following instruments: US30, SPX500, NAS100, UK100, GER30, HKG33, AUS200, EUSTX50, USOil, UKOil, NGAS. For the indices mentioned above the company is introducing two decimals after the nominal price of the contract.

FXCM Inc (NYSE:FXCM) has issued a note to its clients that the company will be introducing a decimalization of the prices of certain CFDs contracts. Starting this month, the company will be adding two decimals to the price of several indices starting with the French CAC 40, where the changes have already been implemented.

After removing stop and limit orders restrictions, the changes which FXCM Inc introduced to its CFDs market making mechanisms are paying off with better conditions for traders. The company has announced to its clients that the decimal pricing will become available for a raft of indices, crude oil and natural gas contracts.

FXCM Inc (NYSE:FXCM) revamped its market making technology in October last year. At the time the company stated that the new Risk Management methodology which the company had been using when handling CFDs will permit it more flexibility.

With the prospects for the company to increase its revenues from CFDs trading due to the efficiency of managing market exposure, the firm is now making additional changes. According to the October announcement, FXCM Inc (NYSE:FXCM) has gained the ability to hedge market exposure in the futures market in real-time with very high-frequency Execution .

The upgrade in the precision in the quotes is affecting the following instruments: US30, SPX500, NAS100, UK100, GER30, HKG33, AUS200, EUSTX50, USOil, UKOil, NGAS. For the indices mentioned above the company is introducing two decimals after the nominal price of the contract.

About the Author: Victor Golovtchenko
Victor Golovtchenko
  • 3424 Articles
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About the Author: Victor Golovtchenko
Victor Golovtchenko: Key voice in crypto and FX, providing cutting-edge market analysis.
  • 3424 Articles
  • 22 Followers

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