Does Pre-Trade Hedging Have a Place in a Modern Market?

[kreslik.news]

Welcome to the world of Jurassic FX. In this ancient land the new ruler is the Global Code of Conduct where the last 2 great beasts of a dying breed seek to preserve their territory. These 2 beasts go by the name of: Prehedgeosaurus – otherwise known as Principle 11, and Lastlookosaurus – otherwise known as Principle 17.

Let’s examine Prehedgeosurus first. He knows pre-hedging is it in itself a misnomer. But he must retain this legitimized front-running ability. Fast forward to Annex 1 with rose tinted examples of bygone days, when the hedge happens before the client trades and the client ... (read more)