Transparency and control will be key goals in 2016

Barracuda FX chief executive says more needs to be done

Kieran Fitzpatrick at Barracuda FX
Kieran Fitzpatrick, Barracuda FX

Benchmarks have been under the spotlight for years in financial markets, with FX joining the growing list of asset classes in which manipulation of fixes occurred in 2014. Efforts to address the problem are well under way, including the widening of the calculation window for the WM/Reuters benchmark in February this year, following the recommendations of the Financial Stability Board (FSB).

Kieran Fitzpatrick, chief executive of order-management systems (OMS) and software company Barracuda FX

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