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Thomson Reuters has officially confirmed that the absolute lowest point for the trading day this Friday on the GBP/USD pair was 1.1491. The company has issued a statement outlining that the trades executed via the company’s Thomson Reuters Matching product were at their lowest point at 23:07 GMT on the 6th of October (00:07 UK time).
Various reports about controversial order execution points have been pouring in with some broker’s lowest ask prices ranging below 1.1000 and above 1.2000. Typically thin liquidity during the hours between the market close in New York and the market open in Tokyo has exacerbated what seems to ... (read more)