GFXC to Continue Work Programme: Reminds Slow Re-Adopters of FX Global Code
June 29, 2022
The Global Foreign Exchange Committee met in person for the first time since the pandemic hit on June 27-28 and… Read More »
The Global Foreign Exchange Committee met in person for the first time since the pandemic hit on June 27-28 and… Read More »
As the one-year anniversary of the updated FX Global Code approaches, two senior members of the Federal Reserve Bank of… Read More »
The Bank for International Settlements (BIS) has followed many of its central bank clientele by renewing its commitment to the… Read More »
Very quietly, the FX Global Code turned five last week. I remember being in New York for a Profit &… Read More »
While aimed at the broader community, last week’s announcement from Deutsche Bank that it was making vendor sustainability ratings compulsory… Read More »
With the one-year anniversary of the issuing of the updated FX Global Code fast approaching, XTX Markets has completed its… Read More »
The UK’s Investment Association (IA) has published a briefing paper reinforcing its call from 2020 for reform in how FX… Read More »
The Reserve Bank of Australia has announced that deputy governor Guy Debelle is leaving the central bank after 25 years… Read More »
Siege FX has signed a Statement of Commitment to the FX Global Code and published in on the CLS register… Read More »
The European System of Central Banks (ESCB) has welcomed the July 2021 update to the FX Global Code and collectively… Read More »
Like many people, I was concerned when I first read the allegations – which it is important to stress, remain… Read More »
I have been thinking about last look, zero hold times and the FX Global Code over the past week. I… Read More »
Thailand’s central bank, the Bank of Thailand, has completed a self-assessment of its practices and processes as an FX market… Read More »
In new operating procedures due to come into effect on March 1, Cboe FX is cutting the order review time… Read More »
With the Global Foreign Exchange Committee updating its Global Index to accommodate links to FX market participant Disclosure Cover Sheets,… Read More »
The Foreign Exchange Professionals Association (FXPA) is hosting a member and guest briefing on the FX Global Code on Thursday… Read More »
When GFXC chair Guy Debelle stated clearly what many of us already thought – that the FX Global Code update… Read More »
The UK regulator, the Financial Conduct Authority (FCA) has formally recognised the updated FX Global Code and Global Precious Metals… Read More »
In the latest from the Unfiltered series, Keith Tippell, global head of product at CLS Group, joins Colin Lambert to… Read More »
A key element of the recent three-year review of the FX Global Code by the Global Foreign Exchange Committee was… Read More »
What’s the state of the bank-client relationship? I ask because a couple of recent conversations included observations that it is… Read More »
We are going to learn a lot about how seriously FX market participants take the FX Global Code over the… Read More »
With ESG investing high on the public agenda, the Global Foreign Exchange Division (GFXD), part of the Global Financial Markets… Read More »
The Global Foreign Exchange Committee’s Three-Year Review of the FX Global Code more or less formally came to an end… Read More »
The FX Global Code, as its founders were keen to stress, is a living, breathing document and the most recent… Read More »
The final piece of the puzzle from the Global Foreign Exchange Committee’s three-year review has been slotted into place with… Read More »
Along with pre-hedging, last look has been one of the perennial challenges for the Global FX Committee as it seeks… Read More »
Just a week after the Global Foreign Exchange Committee updated the FX Global Code, including changes to recommended best practice… Read More »
“Intent is a difficult concept to demonstrate…the benefits arising from pre-hedging can be very difficult to show”. Therein lies the… Read More »
CLS has welcomed the changes to the FX Global Code, specifically those which place greater emphasis on the use of… Read More »
In all, 11 Principles have been changed for the latest iteration of the FX Global Code, several of which have… Read More »
The Global Foreign Exchange Committee (GFXC) says it has completed the latest three-year review of the FX Global Code, and… Read More »
The results of a new survey conducted by XTX Markets finds that not only are market participants unhappy with the… Read More »
I am genuinely sorry to do this to you, but given events in the market yesterday and ongoing legal arguments,… Read More »
OK. Tin hat on? Check. Flak jacket? Check. Let’s dive back in to pre-hedging! I have been asked by quite… Read More »
There is nothing like last look to get people fired up in the FX industry – as my mailbag for… Read More »
The last week has provided no little insight into how the FX market views the still tricky subject of last… Read More »
A new paper from XTX Markets, Last Look Myths Debunked, argues that additional hold times within last look windows and… Read More »
The Global Foreign Exchange Committee has released two draft “guidance papers” on pre-hedging and last look and is seeking feedback… Read More »
The FICC Markets Standards Board (FMSB) has published a final Standard for the execution of large trades in FICC markets… Read More »
The Australian Securities and Investments Commission (ASIC) says it has commenced proceedings against Westpac for insider trading, unconscionable conduct and… Read More »
One of the areas in which I have always felt certain regulators have been misguided is in their drive for… Read More »
Plenty of questions with a changing world is very much on the agenda this week. Along with the suggestion that… Read More »
For those of you that follow the English Premier League, I am a West Ham fan – a team that… Read More »
The Global Foreign Exchange Committee (GFXC) is seeking industry feedback on proposals arising from its latest three‐year review of the… Read More »
Having poked the hornet’s nest earlier in the week with a column and a feature on the WMR London 4pm… Read More »
It has cost banks billions of dollars in fines, dozens of people their jobs and remains the subject of ongoing… Read More »
To kick off the Currency Matters podcast series, Colin Lambert is joined by Guy Debelle, chair of the Global Foreign… Read More »
