Disclaimer : Rates displayed are indicative for the day and subject to change without prior notice. For the latest Currency notes and Remittance rates, please refer to your nearest Maybank branch. To that end, one of the guiding principles underpinning our work is that the Code should promote a robust, fair, liquid, open, and transparent market. A diverse set of buyers and sellers, supported by resilient infrastructure, should be able to confidently and effectively transact at competitive prices that reflect available market information and in a manner that conforms to acceptable standards of behaviour.
The above image shows IC Market's spread for the USD/JPY pair. The price to sell this unit is: 113.178. The price to buy on the other hand is: 113.181. Therefore, to calculate the spread at this price we simply subtract 113.181 by 113.178 to get our spread which is3 pips, also known as: 3 pipettes.
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