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
It's been a month since we had our Women In Finance Awards in New York City at the Plaza! Take a look back tab some moments, and nominate for our upcoming awards in Mexico City and Singapore here: https://www.marketsmedia.com/category/events/
4
Citadel Securities told the SEC that trading tokenized equities should remain under existing market rules, a position that drew responses from various crypto industry groups. @ShannyBasar for @MarketsMedia:
SEC Commissioner Mark Uyeda argued that private assets belong in retirement plans, saying diversified alts can improve risk-adjusted returns and that the answer to optimal exposure “is not zero.” @ShannyBasar reporting for @MarketsMedia:
COO of the Year Award winner! 🏆
Discover how Jennifer Kaiser of Marex earned the 2025 Women in Finance COO of the Year recognition.
Related articles
-
The U.S fund manager increased assets it its suite of tokenized funds from $30m to $770m in 2025.
-
Asset in actively managed ETFs listed globally reached a new record last year.
-
These are the first active ETFs issued by Columbia Threadneedle Investments in Europe.
-
Amundi said nanagers that prepare for the onchain world may end up as winners.
-
Franklin Templeton is providing institutional-grade reserves management and custody.