In
this article Kantox discusses the process of FX management. It is not only about trading FX and dealing. Which is only the last step in the whole process.
The main process of currency management is determining exposure and acting upon it. Then determining the risk appetite and selecting the appropriate tool to hedge.
Often assesing the correctness of Data is important too. As garbage in is garbage out.
Automating the process of exposure determination would help. But how to start this and what are your experiences on this. How to check data correctness and how to handle multiple data sources and data overlap ?
Please share your experiences.
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