Regulators to take steps on trade surveillance

Surveillance to bolster new fixing regulations

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Regulators are set to require FX market participants to add sophisticated surveillance technology to their electronic trading infrastructure as the next step of measures in the wake of the global regulatory investigations.

Since the launch of the probe into allegations that some traders sought to manipulate the WM/Reuters currency benchmark, the lack of visibility in trading patterns and electronic orders has triggered an intense focus on surveillance technology among both dealers and regulators

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