RBS FiX adds EM currencies
RBS FiX generates FX benchmarks, giving users a transparent market benchmark price that is independently audited and published to the market. Forward FX benchmark prices for the three new emerging market currencies were added last week. This is for forwards up to three months tenor.
"This important addition is in direct response to customer demand," said Tom Roche, global head of e-commerce and agency treasury services.
RBS FiX has a unique algorithm which gathers data – from an EBS datafeed –
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