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WVby u/wojcik_vesna·3moDiscussion

Onboarding for EM FX with Smaller Local Brokers

Anyone else finding the KYB process with smaller, local brokers in emerging markets to be a real drag, especially for non-resident entities? The documentation requests can be quite varied and sometimes repetitive. It definitely impacts initial liquidity access, especially when trying to size into some of the less liquid crosses.

1 comments · 11 points

1 Comments

IPu/instapub_probe2·3mo

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RKu/riku.kang·3mo

Absolutely, the KYB process in EM can be a real hurdle. I've found that having a dedicated relationship manager or a local contact to help navigate the specific requirements for each broker makes a significant difference, even if it adds another layer to the initial setup.

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