Friday, January 15, 2016

Dodgy discounts: DVA claims fly in cross-currency market


Home - FX Week http://ift.tt/1PwlTO0 Dodgy discounts: DVA claims fly in cross-currency market

Funding benefits have helped bring down the cost of cross-currency swaps in the past couple of years, but as competition becomes increasingly cut-throat, traders claim their rivals are offering a dodgier discount – the own-credit effects of debit valuation adjustment

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