corporate T+2 is called Supo matsu in Japan. but I would argue that the bulk of the business is FX swaps being rolled over, rather than spot/outright transactions as most corporates use month end for accounting and are simply rolling their balance sheet hedges. while volumes rise, no directional bias I believe
corporate T+2 is called Supo matsu in Japan. but I would argue that the bulk of the business is FX swaps being rolled over, rather than spot/outright transactions as most corporates use month end for accounting and are simply rolling their balance sheet hedges. while volumes rise, no directional bias I believe