IdealPro EUR/USD Quoting 5 Decimal Places!

Discussion in 'Forex Brokers' started by pipscooper, Jan 22, 2006.

  1. On the price ladder on the TWS it appears the minimum price increment is now 0.00005 or a half pip on EUR/USD.

    The contract details still show the minimum price increment as .0001 - yet the TWS is quoting as 5 decimal places. Is this an error or can a representative of Interactive Brokers clarify what the minimum price increment for EUR/USD on IdealPro is? Was there any advance notice for this - I missed it.
  2. TGM


    no it is not an error ---it has been that way for a few days ---IB is just now gotten the programming out. The market makers have been quoting in half pips for a few days. IB was surprised by this.

    Now all the front ends have to be fixed.

  3. IBsoft

    IBsoft Interactive Brokers

    The minimum price increment is 0.00005. No advance notice was given other than the response to a question in this forum last week.