Inside the FX cut-off conundrum sparking animosity between the buy-side, CLS and custodians as T+1 looms
The TRADE
MAY 24, 2024
While fingers of blame are being pointed in each direction, the bottom line is asset managers are now facing operational challenges, the notion of pre-funding trades and balancing settlement security with best execution obligations. That cannot be seen to be a positive outcome.”
Let's personalize your content