LONDON: Refinitiv is considering a series of changes to its daily foreign exchange( FX) fixing, including lengthening the trading window used to calculate it, a senior company executive said, amid industry concerns over the global benchmark which used to value trillions of dollars of assets. The 27-year-old WM/ R benchmark, which is calculated by its owner Refinitiv, has a five-minute trading window, known as the “ fix ”, at 4: 00pm in London each weekday when investors and banks flood the marke
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2021-09-07 00:00:00.0