Has Covid stopped the clocks on FX timestamp efforts? - WatersTechnology.com
WatersTechnology.com Budget reallocation may not be the only factor stalling standardization progress, say market participants. Natasha Rega-Jones Print this page The foreign exchange markets’ push towards standardized timestamps—and greater transaction cost analysis (TCA)—has stalled. Since February 2020, when the Investment Association published a best execution guide for timestamps, the industry has made no concerted effort to standardize more granular timestamps. And wh...
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