Nordic ACI Members Enjoy Fifth Congress

As Gothenburg basked under the late summer sunshine, the Nordic members of ACI – The Financial Markets Association, representing Denmark, Finland, Norway, Sweden and, for the first time, Iceland, gathered for their fifth congress. The congress, which drew 418 delegates, took place between August 23 and 24. Jan Tradgardh, president of ACI Sweden, spoke of […]
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CFP Reaffirms Model Code Recommendations on Entertainment, Confirmations

The Committee for Professionalism (CFP) has reacted to recent high profile events in the financial markets by issuing two press releases reaffirming the framework laid out in the Model Code of ACI – The Financial Markets Association surrounding the issue of back office payments and confirmations, as well as personal conduct issues. The press release […]
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Strategic Planning Group Unveils Marketing Plan

ACI’s Strategic Planning Group (SPG) presented a comprehensive marketing plan to the ACI Council in Luxembourg. The SPG was charged with producing the plan by the Council at November’s meeting in Paris, and has held three meetings since, undertaking what Mike Eastaway, chairman of the SPG, says has been, “A completely open and honest process.” […]
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ACI UK Honours Co-Founder of ACI

ACI UK recently held the latest Roy Bridge Memorial Lecture, the annual event that is the centrepiece of the association’s programme. Bridge was a co-founder of ACI in 1955. The lecture was given by Ian Plenderleith, who until recently was executive director of the Bank of England and a member of the bank’s Monetary Policy […]
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ACI’s 6th European Congress Hits the Right Notes

The 6th European Congress of ACI – The Financial Markets Association was recently held in Luxembourg, and was the usual good blend of business and social activities. Additionally, the ACI Council adopted several new proposals to push the association forward. The exhibition hall played host to 25 exhibitors, many of whom have, or are due […]
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Boom Time in Forexland? The 2002 Profit & Loss FX Revenue League Table

Recent years have seen a trend towards a top group of banks in the FX market, especially in the field of revenues generated from these operations. Many banks calculate their FX results differently, which can make institutional comparisons difficult, but year-on-year the results provide a good barometer of how the banks are faring in what […]
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A Congress by Dealers for Dealers

The Grand Duchy of Luxembourg is the setting for the 2002 ACI 6th European Congress & 44th General Assembly. Taking place between May 23-25, the congress will offer ACI members the chance to discuss recent developments in the FX market, take part in panel debates, listen to an address delivered by the prime minister of […]
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ACI International Examination Board (IEB) Statement Regarding the ACI Diploma

March 2002 Background In December 2001 the criteria for passing the ACI Diploma were altered. It became necessary not only to achieve the requisite overall score (50%) but also to pass each topic basket of the exam (50% rounded down) on an individual basis. ACI’s International Examination Board (IEB) took the decision to monitor the […]
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CFP Issues Revisions to the Model Code

The Committee for Professionalism (CFP) has issued revisions to the Model Code, inserting a new topic on the use of mobile devices for transacting business; an additional paragraph into the chapter on dealing for personal account; updated Swift codes reflecting the move to the Euro; and a re-wording of the definition of an interest rate […]
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Minister Addresses ACI UK Event

The Right Honourable Peter Hain MP, Minister of State for Europe, was the recent guest of ACI UK at its first Speakers Event of 2002. Hain, who referred to himself as, “a practical European, neither zealot nor sceptic”, spoke of the need to break down “the wall of ignorance within the UK over the European […]
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