FX Week “LMRKTS reaches trillion dollars of gross notional reduction, secures VC investment”

“Our hope is to deliver an end state to clients that carries roughly the same amount of counterparty risk as market risk, and to do this through a post-trade process that is as easy, if not easier to use than existing methodologies,” said Biase in a statement.

LMRKTS, which recently reached the trillion-dollar mark of gross notional reduction, eliminates overlapping FX exposures across five currencies – the euro, sterling, Swiss franc, US dollar and yen – for six banks, including Goldman Sachs, JP Morgan, Bank of America Merrill Lynch, Deutsche Bank and UBS.

 

View Document Back

Click here to register for updates and learn more about how our services can be tailored to your specific objectives in various asset classes.