Following last Friday’s heightened volatility in currency markets after the UK’s Brexit vote, the Foreign Exchange Professionals Association (FXPA) has today commended the industry for how it prepared ahead of Britain’s Referendum, as per an update on the FXPA website.
The FXPA said that currency markets functioned relatively smoothly in the initial hours and days after the polls closed, a perspective that others have shared including in coverage by Finance Magnates since last week.
The FX industry prepared for this unprecedented event with enhanced staffing in all areas throughout the night, with technical and capacity planning.”
FX Markets functioned smoothly
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