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SEP 14, 2021
When measuring in FX, an Independent Benchmark makes all the difference.
The emergence of independent mid-rates has made price opacity optional. To paraphrase Gibson, a fair and efficient FX market is already here, it’s just not evenly distributed yet. Let’s establish what makes a mid-rate independent and then examine how independent mid-rates are being employed in a number of different market solutions to distribute the benefits of price transparency beyond market insiders.
Read the article here.
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