Markit calls for centralisation of key FX post trade processes via a unified network
By Matthew Hill,
director and head of FX trade processing at Markit.
Shockwaves following the trading scandals
and the fallout from the Swiss Franc / Euro decoupling are
reminders of the need for evolution in foreign exchange futures
communication are areas ripe for change. As market participants
work to improve controls and minimise operational risk, a new
paradigm for FX post-trade infrastructure must be part of the
solution if the industry is to achieve its goals.
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