However, the process of deciding which currency pairs to add is a tough one. The question that we face when adding more currency pairs is “Can we deliver the same quality of execution and streaming pricing on the new pairs that our clients expect?”

FXCM gets their prices from banks. While there are hundreds of banks which make a market in the EUR/USD, that is not the case with currencies such as the Thai Baht. If there are only a few banks willing to make a market that means wide spreads in the currency pair, limited liquidity, and usually dealable prices are not available on a streaming basis. As a result, we don’t want to offer these currency pairs to our clients because we cannot offer the same high quality of forex execution that we offer on our existing pairs.