State Street is latest LP to publish a GFXC disclosure sheet
More liquidity providers expected to publish disclosures this week following GFXC deadline
State Street has become the latest liquidity provider in the foreign exchange market to publish a disclosure sheet detailing its approach to a range of FX trading practices – meeting the Global Foreign Exchange Committee’s (GFXC) end-of-July deadline.
In the bank’s newly uploaded disclosure sheet, which provides clarity on a number of electronic trading practices, it explicitly states that no additional hold time is placed on client trades “over and above the time taken to complete last look
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