The forex fixing reform and its impact on cost and risk of forex trading banks
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DOI: 10.1016/j.frl.2016.12.004
Abstract: This paper quantitatively evaluates the cost and risk of banks trading at the Forex London fixing, and examines the impact of the reform of February 2015. Based on the model calibration, we find that (1)… read more here.
Keywords: impact; reform; forex fixing; cost risk ... See more keywords