Foreign exchange trading software vendor Integral Development Corp is preparing to launch a set of benchmark rates for major currency pairs, updated at one-second intervals and made available at the end of every trading day, to provide more reliable data than current FX fixings to support execution quality evaluation and transaction cost analysis.
Dubbed Integral FX Benchmark, the rates will go live on Jan. 15, and will cover US dollars against Australian dollars, euros, pounds sterling, New Zealand dollars, Canadian dollars, Swiss francs and Japanese yen, and were developed based on joint research with Stanford University and feedback from buy-side FX market participants.
Anthony and James delve into how the systematic internalizer regime is shaping up, and then examine the regtech sector.Subscribe to Weekly Wrap emails
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