With volumes of tomorrow/subsequent international change swaps set to rise as T+1 settlement rolls out within the US equities markets, Bloomberg is releasing a benchmark that can enable sellers to higher web off their exposures.
The transition to T+1 securities settlement within the US on Could 28 implies that FX-related trades used to fund the acquisition or sale of equities will in lots of instances additionally have to speed up to T+1. FX spot usually settles on T+2 through CLS however customers can go for so-called tom/subsequent swaps that
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