Emta facing calls from FX industry for alternative RUB fixings

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Foreign exchange market participants are scrambling to work out if they should use a new fixing for ruble non-deliverable forwards (NDFs), amid growing concerns at the disconnect between the current onshore fixing and the offshore spot market.

Three FX market sources with knowledge of the discussions say the Emerging Markets Trading Association (Emta) is meeting with several industry groups to determine if an alternative fixing should be used for new and existing contracts.

Some are also

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 - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com