Risks of FX trade under scrutiny
Iivarinen, Timo (10.10.2008)
JulkaisusarjaBank of Finland. Financial Market Report
Julkaisun pysyvä osoite onhttps://urn.fi/URN:NBN:fi:bof-201408075113
The less stable the economic situation, the higher the risks in the settlement of foreign exchange trades in the traditional manner. New settlement methods for foreign exchange trades reduce the risks, butaccording to a study by the BIS23 and central banks, there is still much room for improvement. Furthermore, more incentives must be found to steer individual banks towards adopting best practices of the industry.