GFXC launches public consultation on code review
Comment sought on proposed guidance setting out new disclosure expectations
Market participants will be asked for their views on a series of proposed changes to the FX Global Code and the introduction of cover sheets and templates for disclosures in a public consultation launched today (April 8) by the Global Foreign Exchange Committee (GFXC).
The industry body – tasked with overseeing currency markets – has published the findings of four working groups, which highlight the code’s shortcomings on principles around disclosure, algorithmic trading, anonymous trading and
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