Mesirow
May 27, 2025
Working side-by-side with clients, creating solutions designed to help institutions, corporations, business owners, individuals and families to prosper over time.

Are we too dependent on this FX benchmark?

Are we too dependent on this FX benchmark? whitney.harig@… Tue, 05/27/2025 - 13:27

The hidden risk in your favorite FX rate

WMR, a part of LSEG’s FTSE Russell division, began publishing intraday and end-of-day foreign exchange (FX or currency) benchmark prices in 1994. Useful for portfolio valuation, reporting, and trading, the benchmark rates became, in the modest words of FTSE Russell ,   “the de facto standard for closing spot rates on a global basis.” 

Continue reading

More from Mesirow