Your Guide to FX Costs

Whose (FX) Money Is It Anyway? FX costs are the last great unmanaged cost incurred by investors. Despite their significance to investors, they remain largely ignored.  This is because costs are hidden in spread and vary widely.  So we have read with great interest the...

How to make sure your FX costs are correctly reported.

Here are the requirements for the correct reporting of Foreign Exchange transaction costs under MiFID2 and PRIIPs, and the relevant rules from the relevant legislation. Firstly, the PRIIPs standards for cost reporting are required under MiFID2.  This was clarified by...