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In light of ongoing discussions around “best price” in the market, the London-based subsidiary of global broker INTL FCStone will develop a pricing benchmark once enough data is available from its correspondent bank trading platform, FXePrice.

“We will be able to build some sort of benchmark which might not be the absolute best price, but it will be the best price I can access,” Francois Beau Yon de Jonage, senior vice president at INTL FCStone Ltd’s Global Payments Division, told FOW.