Bloomberg: Currency Trading Slumps Globally as Swaps, Forwards Fall Out of Favor
James Sinclair was quoted in a Bloomberg regarding the decline in average-daily FX turnover in the UK dropping to $2.6 trillion in October 2018. “Forwards are not as transparent as spot,” said executive chairman and co-founder James Sinclair, who is also a member of the Foreign Exchange Committee. “Under MiFid II, you have to take all […]