Day: 1 May 2001

British Bankers Association Launches Contract for Difference Fixing Rates

The British Bankers’ Association (BBA) has launched a series of daily fixing rates designed to encourage a market in contracts for difference (CFDs). CFD fixing rates in six currency pairs are now being published daily by Reuters: EUR/USD, EUR/GBP, USD/JPY, USD/GBP, USD/CHF and EUR/JPY. The BBA hopes the indexes will help kick-start the CFD market […]