ASEAN Currency Crossing Pool (ACCP)

ASEAN Currency Crossing Pool (ACCP) is a platform that provides a neutral and unbiased FX benchmark and execution service for supported ASEAN cross currency rates. M-DAQ’s patented VWAP-stacked price sourcing algorithm eliminates any possibility of rates manipulation and front-running by individual banks, as it determines the equilibrium supply and demand prices in isolation from both parties, effectively decoupling how the rates are derived and how the positions are managed.