Foreign exchange participants are getting a crash course in ethical behavior. With the release of the FX Global Code for the wholesale foreign exchange market last month, the FX industry is counting ...

When the FX Global Code was released in London nearly one year ago on May 25, 2017, it offered up a common set of principles across ethics, governance, execution, information sharing, risk management ...

Of all the ways in which the foreign-exchange industry has been described over the years, the phrase ‘ethical drift’ could well be the least desirable. The term was coined in the UK’s Fair and ...

The Chair of the Markets Committee of the Bank for International Settlements has written to the Chair of the Global Foreign Exchange Committee providing a brief assessment of the effectiveness of the ...

CHICAGO--(BUSINESS WIRE)--Northern Trust has renewed its Statement of Commitment to the FX Global Code. By renewing the Statement, Northern Trust is committed to adhering to the Code and its ...

LONDON and CHICAGO, March 6, 2023 /PRNewswire/ -- EBS, a leading provider of electronic trading platforms and technology services in foreign exchange markets, today announced an update to its ...

Over two years since the introduction of the FX Global Code of Conduct, the buy-side continues to keep it at arm's length say Sibos panel. Take-up of the Global Code of Conduct for the foreign ...

Adherence to the FX Global Code has gained momentum ahead of the one-year deadline on Friday, but senior traders are concerned the buy side is less committed than the sell side. A year on from the ...

Following a scorecard assessment of its FX trading platforms 12 have been cut, as Citi says it expects vendors to adhere to the FX Global Code of Conduct. US investment bank Citi has confirmed that it ...

CLS, a financial market infrastructure delivering settlement, processing and data solutions across the global FX ecosystem, welcomes changes to the FX Global Code (the Code) which place greater ...

The Global Foreign Exchange Committee (GFXC) has published the updated version of the FX Global Code of Conduct (dated December 2024), which supersedes the previous version (from July 2021). Updates ...