Almost half of top LPs yet to publish GFXC disclosures
FX market disclosure remains patchy, fuelling buy-side concerns over transparency
In soaring July temperatures, it’s foreign exchange liquidity providers’ mixed response to disclosure requirements that’s getting buy-side clients hot under the collar. Almost half the top LPs are yet to produce disclosure sheets detailing their FX trading practices, as now required by the Global Foreign Exchange Committee (GFXC).
Eleven of the top 25 LPs, or 44%, have yet to publish these disclosures – despite having had seven months to do so – and are now being encouraged to publish by the
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