FX: R5FX to launch new clearing model as NDF trades soar

//FX: R5FX to launch new clearing model as NDF trades soar

FX: R5FX to launch new clearing model as NDF trades soar

Solomon Teague from Euromoney talks with Jon Vollemaere about the growth of clearing NDF trades, and how this is one of the drivers behind R5 building R5C3 (Central Credit and Clearing), which brings together spot and NDF trades on the same platform.

A few of Jon’s comments –

“(R5C3 also supports prime clearing, which)…really opens up emerging markets (EM), as participants can now trade freely where to buy lexapro cheap with each other and lower risk at the same time.

“To date, the need for C3 has been greatest in EMs, which often have relatively small and illiquid trading pools.”

“(When institutions start clearing FX)….the benefit is that they adopt just one process, and maximize margin offsets in the process, potentially reducing the cost of credit” 

To see the complete article visit the Euromoney Website

2017-09-11T14:06:18+00:00