Encouraged Practices for Participants in the FX Prime Broker Ecosystem: Credit Limit Monitoring and Management
Working documents for the FX Operations Committee. The GFXD will liaise with market infrastructure providers discussing, for example, settlement, messaging, new technologies and reporting.
Specifically, for 2022-23, the Committee has identified the following areas for additional discussion:
Continuing the focus on reducing FX settlement risk, the GFXD Operations Committee is keen to explore how the industry can better manage those instances when a FX payment is made in error