Avecia uses RBSFiX for huge deal
Generating euro receivables from the sale of its main business unit, NeoResins in the Netherlands, Avecia chose to use RBS FiX because it provides a transparent market benchmark price that is independently audited and published.
"They were trying to identify where the independent price of the market was at a pre-designed time through the RBS FiX. Using the EBS data feed and our proprietary algorithm, we were able to provide them with a price that was the most independent in the market at the time
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