| Finance task force says trading window should be made longer as part of efforts to prevent manipulation. The G20’s finance task force has called on currency traders and benchmark operators to tighten up their practices in an effort to prevent the market from being manipulated.
The Financial Stability Board (FSB) said today that the London fix, set at 4pm daily and used in the £3 trillion-a-day foreign exchange market, should have a wider trading window to ensure a broad range of deals is factored into the eventual rate...............................................Full Article: Source
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