Sellers say extra electronification of the interdealer international change swap market is required to permit the dealer-to-client market to maneuver in direction of streaming costs.
Ozgun Unal, head of e-FX distribution for Europe, the Center East and Africa at UBS, mentioned dealer-to-client swaps buying and selling is more and more executed electronically, both by way of request-for-quote (RFQ) or request-for-stream, and finally it should transfer to a world the place swap costs are dwell streamed to purchasers.
“However when you take a look at the again
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