Integral to roll out second-by-second FX benchmark rates
Trading technology vendor Integral Development is set to release a set of second-by-second foreign exchange benchmark rates for major currency pairs in January, as a more regular alternative to existing fixing rates that have been mired in controversy in recent months.
The new benchmark, dubbed Integral FXB, is based on a broad set of market rates and trades from Integral's liquidity aggregation and over-the-counter FX trading networks, and is billed as a way for market participants to improve
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