New York Fed's FX Committee To Send Out Netting Handbook

DEALING & NETTING

The New York Federal Reserve's Foreign Exchange Committee is expected to send out a pilot version of a survey on use of foreign exchange netting to its members before the end of the year, according to bankers participating in a panel discussion on netting and settlement risk at the Swift Sibos conference in Copenhagen last week.

The survey, discussed at Sibos by Alice Wang, a managing director at JP Morgan and a member of the FX Committee and former Committee executive assistant Lisa Galaif,

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