As the final phase of uncleared margin rules (UMR) is set to take effect in less than 18 months, FX traders need to pay close attention to how UMR will impact trading costs, particularly in FX options. In addition, these rules could have wide-ranging implications not only for FX trading but on the PB industry.
This Greenwich Report examines:
- How prepared investors are for the new rule changes.
- The cost implications of UMR on OTC FX options trading.
- How exchanges are evolving their products to meet client demand.
- The future outlook for listed FX options.