Frontrunning
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IOSCO final report on global standards for pre-hedging aims to protect asset managers
IOSCO has rejected calls for an outright ban, recognizing that pre-hedging is necessary for dealers to provide liquidity and sharp pricing.
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IOSCO consults on pre-hedging practice
The consultation document sets out a proposed definition of pre-hedging and a number of recommendations for regulators as well as clients.
