Refinitiv seeks client feedback on WM/Refinitiv spot rates
Refinitiv, an LSEG business, has launched the WM/Refinitiv Spot Rates (WMR) “Request for Feedback” on key aspects of the WMR methodology and users’ requirements.
Refinitiv, through its wholly owned subsidiary Refinitiv Benchmark Services (UK) Limited (RBSL), is the WMR benchmark administrator and holds the primary responsibility for all aspects of the provision of the WMR. RBSL is authorized and regulated in the UK by the Financial Conduct Authority (FCA).
The WMR is one of the most widely used suite of FX benchmarks and Refinitiv notes that it understands how important these rates are to all users, globally. The core design principles of WMR produce independent and transparent FX benchmarks that are robust and provide a point in time reflection of a wide range of currency markets throughout the global day.
Since launching in 1994, the WMR has continued to respond to market changes and to provide solutions for evolving user requirements and Refinitiv remains committed to ensuring the WMR remains the most appropriate FX benchmarks for users. Refinitiv looks forward to engaging with all market participants and encourages everyone to use this opportunity to provide feedback and be part of the continuous evolution of the WMR.