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Integral Readies FX Benchmark Rate Fixings

Currencies in the balance
Officials say the offering will provide more accurate FX benchmark rates

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.

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