Price changes anticipated as uncleared margin rules bite
Panellists urge buy side to install lifecycle management tools to calculate margin and reconcile payments with brokers
There is currently little difference in pricing for bilaterally traded foreign exchange over-the-counter products versus those centrally cleared, but that is expected to change in the medium- to long term with uncleared margin rules (UMR) beginning to bite next year, according to market participants.
Christoph Hock, head of multi-asset trading at Union Investment, said FX forwards might become more expensive, while FX futures or centrally cleared forward products would be expected to become
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