The benchmark is provided in collaboration with Ratematch, and provides a starting point for understanding specific rates for a range of products across the global top 5 brokers.
Who is it for?
- Heads of desk, COOs, Procurement professionals
- Annual report
- Currently focuses on Fixed Income and Emerging Market currencies
- G10 FX Option fees are planned for phase 2
Why do it?
The benchmark enables firms to ensure that they pay the best rate on the street for their brokerage and highlights any particular products or brokers, where the firm is misaligned, in order to aid the optimization of their Brokerage strategy. The product offers transparency on a major part of desk spend, and where needed Expand can provide additional follow-up support in brokerage negotiations, in addition to relevant qualitative analysis.