The Global Foreign Exchange Committee (GFXC) published “The FX Global Code at One Year: A Look Back and a Look Ahead,” a paper that reviews developments since the May 2017 launch of the FX Global Code (the Code) and outlines the GFXC’s near-term priorities.
“The FX Global Code at One Year” highlights the GFXC’s accomplishments over the last year, with a focus on the evolution of the Code and its adoption. It also discusses the GFXC’s priorities for the year ahead, including the work focused on buy-side outreach and the ongoing integration of the Code into the FX market, as well as the continuation of GFXC working groups focused on cover and deal and disclosures. Further, the paper summarizes feedback from local FX Committees on their experience with the Code to date and their views on future work.
The GFXC also published an updated version of the Code and released minutes from its 27 June meeting in Johannesburg, South Africa.
The August 2018 update to the Code adds an illustrative example related to Principle 11, which concerns pre-hedging. This example clearly highlights negative behavior and is considered a useful addition to the Code since Principle 11 already has two positive examples associated with it.
For additional details on the GFXC and the FX Global Code, visit the GFXC website: www.globalfxc.org.
Source: Global Foreign Exchange Committee
NEWSLETTER SIGN UP
And receive exclusive articles on securities markets
🏆 The 2026 Global Markets Choice Awards are here! 🌍 Nominations are officially OPEN for the celebration of excellence in global capital markets trading & technology. Nominate below:
https://www.jotform.com/form/260086385121150
Delaware Life Insurance Company is becoming the first insurance carrier to offer an index that contains cryptocurrency, adding the BlackRock U.S. Equity Bitcoin Balanced Risk 12% Index to its fixed index annuity (FIA) portfolio.
As the digital assets industry pushes toward
Franklin Templeton is expanding its tokenized fund suite, signaling growing institutional demand for blockchain-based fund infrastructure and regulated investment products moving onchain. Read the full article below:
$50 billion in active ETF inflows helped fuel a record year for @BlackRock 's iShares business, as investors continue to lean into active strategies.
Related articles
-
FundOS offers managers a streamlined path to tokenization without rebuilding the way their funds already run.
-
The ETF is available in a CZK-hedged share class to meet the needs of Czech investors.
-
The asset manager bought distribution and marketing of 11 Select Sector SPDR ETFs in-house last year.
-
Net inflows in the first quarter were a record $626.4bn.
-
The suite is available on the Calastone Tokenised Distribution Network.