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FX Quotation Conventions–Just Learn Them - Rockefeller Treasury ...
In 2009, some spot retail brokers started quoting forex prices to the 5th decimal place. Nobody can understand why they did this, since it causes no end of .
http://www.rts-forex.com/trading-philosophy/fx-quotation-conventions-just-learn-them/

Forex Basics | IB Knowledge Base
A Forex trade represents an exchange of one asset for another, similar in many . In accordance with industry quoting conventions, the first currency listed, the .
http://ibkb.interactivebrokers.com/node/1460