Banks set to charge for fix execution

Some banks are notifying clients of changes to benchmark order execution


Several banks have started notifying clients they will be charged a spread for executing benchmark orders, while other sell-side institutions are internally discussing ways to reform existing practices, people familiar with the matter told FX Week.

The rethink comes as the focus turns towards practical ways to improve transparency, and eliminate potential conflicts of interest between sell- and buy-side market participants.

"We have been told we can no longer get guaranteed mid-rates for fixing

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: