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FIXING THE FIX

机译:修复问题

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摘要

After alleg ations emerged last fall that currency traders had colluded in a bid to fix prices at the 4 p.m. daily foreign exchange fixing in London, market participants wondered if there was a better way to establish market prices. Some want a change to the London fixing, whose administrator, consortium WM/Reuters, calculates its result from an average of trades in the one-minute period before and after 4 p.m. "The problem is the 4 p.m. fix is based on a very small volume of trades," says James Sinclair, CEO of MarketFactory, a global electronic forex platform based in New York. "Perhaps if it was spread out across a continuous time frame throughout the day, it would be more manageable for everyone."
机译:在去年秋天有指控被指控后,货币交易商串通企图将价格固定在下午4点。伦敦的每日外汇定盘价,市场参与者想知道是否有更好的方法来确定市场价格。有人希望更改伦敦定价,其管理者WM / Reuters财团根据下午4点前后1分钟内的平均交易次数来计算其结果。位于纽约的全球电子外汇平台MarketFactory的首席执行官詹姆斯·辛克莱尔(James Sinclair)表示:“问题在于下午4点的定价是基于很小的交易量。” “也许将它分散在一整天的时间范围内,对每个人来说都将更易于管理。”

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