Iosco delays pre-hedging consultation to November
Review into controversial practice splits industry
A review into the divisive practice of dealers pre-hedging anticipated client trades has been delayed to November, with some believing national regulators are struggling to reach a consensus on the issue.
The International Organization of Securities Commissions (Iosco) launched a review in 2023 into the way that dealers hedge yet-to-be-executed client orders, with the intention of publishing findings in the third quarter of this year, FX Markets reported last August. The report was expedited to
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