NEX Data creates FX margin ratios for FFAJ

NEX Data has announced  that it has been mandated by the Financial Futures Association of Japan (FFAJ) to create foreign exchange (FX) margin ratios for 170 currency pairs.

First Published by e-Forex News: June, 2017

NEX Data has announced  that it has been mandated by the Financial Futures Association of Japan (FFAJ) to create foreign exchange (FX) margin ratios for 170 currency pairs. Launched in February 2017, the FX margin ratios support the derivatives margin calculations which Japanese retail brokers now have to provide to local authorities’. Using underlying data taken from NEX Markets’ FX Central Limit Order Book (CLOB) EBS Market as a primary source in addition to third party sources, the FX margin ratios are used to support the provision of accurate and transparent data in the Japanese retail market.