Iosco pre-hedging review: more RFQs than solutions | Foreign exchange Information
Session papers are like tea leaves or runes: observers examine them for clues to future actions or occasions.
Such is the case with Iosco’s latest session paper on the controversial apply of pre-hedging. The doc, launched final November, has raised niggling issues amongst market members that the worldwide standard-setter could also be weighing tighter guidelines on pre-hedging, significantly for trades carried out utilizing request-for-quotes, or RFQs.
Sellers have warned that such restrictions may
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