22/01/2008: Even Lower Spreads

FXCMs No Dealing Desk trading platform recently added an additional bank as a price provider, bringing the total to seven global banks that compete to provide pricing for FXCM's Trading Station. Over the last three months, typical spreads have already tightened.

 

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FXCM 2008: Even Lower Spreads
01/22/08— FXCMs No Dealing Desk trading platform recently added an additional bank as a price provider, bringing the total to seven global banks that compete to provide pricing for FXCM's Trading Station. Over the last three months, typical spreads have already tightened.
Watch closely for lower spreads in the following currency pairs:
	Spreads       Currency Pair   Typical Spread As Low As         EUR/GBP Euro – British Pound   2.4 0.6     EUR/USD Euro – US Dollar   2.3 0.9     USD/JPY US Dollar – Japanese Yen   2.9 0.5     NZD/USD New Zealand Dollar – US Dollar   4 0.8     GBP/USD British Pound – US Dollar   3.7 0.8     USD/CHF US Dollar – Swiss Franc   3.8 1     AUD/USD Australian Dollar – US Dollar   3.7 1     USD/CAD US Dollar – Canadian Dollar   4.8 1     EUR/JPY Euro – Japanese Yen   3.9 0.6     CHF/JPY Swiss Franc – Japanese Yen   3.5 1     EUR/CHF Euro – Swiss Franc   2 0.1     GBP/JPY British Pound – Japanese Yen   5.3 3
FXCMs No Dealing Desk trading platform aims to provide transparent and fair execution. Every trade is executed back to back with one of the worlds premier banks, or financial institutions, which compete to provide FXCM with bid and ask prices, said Drew Niv CEO of FXCM. The best spreads available to FXCM are streamed to you with a small mark-up, which is generally one pip or less for major currency pairs. For a complete list of currency pairs and their new tighter spreads, please go to www.fxcm.com. If you have any questions, please call one of our currency specialists, who are available 24 hours a day, at 888-503-6739, or email us at info@fxcm.com.