Has regulatory action in FX increased costs for schemes?

PP finds steps to reduce manipulation in the FX markets have led to higher costs and volatility

Stephanie Baxter
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Regulators have taken action to make it harder to manipulate the FX markets by widening the notorious 4pm fix. Yet Stephanie Baxter finds it has increased costs for schemes.

At a glance The window used to set daily prices for FX trades has been extended from one minute to five This was intended to make the benchmark more difficult to manipulate But ana...

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