Iosco delays pre-hedging consultation to November

A
review
into
the
divisive
practice
of
dealers
pre-hedging
anticipated
client
trades
has
been
delayed
to
November,
with
some
believing
national
regulators
are
struggling
to
reach
a
consensus
on
the
issue.

The
International
Organization
of
Securities
Commissions
(Iosco)
launched
a
review
in
2023
into
the
way
that
dealers
hedge
yet-to-be-executed
client
orders,
with
the
intention
of
publishing
findings
in
the
third
quarter
of
this
year,

FX
Markets
reported
last
August.
The
report
was
expedited
to

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