FX Best Execution PracticesFX Corporate TreasuryFX Transaction Cost AnalysisKnowledge HubMispricing of FX Transactions Costs European Funds Billions

December 15, 2015by John Galanek

Independent buy-side market think tank, New City Initiative, released a paper today outlining excessive FX execution costs, with conservative estimates totaling 1.5 billion EUR for European asset managers.

The paper calls for clear direction from regulators regarding new MiFID II directives, and a strong recommendation for investors and asset managers to use independent foreign exchange transaction cost analysis (FX TCA). The FX TCA results should be reviewed by firms in conjunction with consultants that possess currency market expertise to develop best practices to reduce trading costs.

http://www.newcityinitiative.org/publications


Notice: Trying to access array offset on value of type bool in /home/customer/www/fxtransparency.com/public_html/wp-content/themes/squadrone/views/prev_next.php on line 10
previous
Reflections from the other side of the screens: A view on current market trends
next
Euromoney: Uncertainty stalks GBP trading post-Brexit