Tag: disclosures

disclosures

And Another Thing…

Ahead of my normal duties at Profit & Loss Mexico on Thursday evening and Singapore next Wednesday afternoon (both local time), I had the all-too-rare pleasure of being on the other side of the “divide” this week, as a speaker on an excellent ACI UK panel on conduct and the FX Global Code. I was […]

And Another Thing…

Something I get asked quite frequently is why I have such a dislike of last look, after all during my trading career it barely existed and anyone who did regularly “drop” others (that’s reject in modern day idiom) soon got a reputation they didn’t want (or the threat of a visit from some very “tasty […]

GFXC Issues Report into Anonymous Trading

The Global Foreign Exchange Committee (GFXC) has released a report The Role of Disclosure and Transparency on Anonymous E-Trading Platforms alongside the results of its 2019 survey of attitudes towards the FX Global Code ahead of the impending three-year review. The anonymous trading report maps out and describes the current e-trading platform landscape, with a […]

BIS Markets Committee Calls for Wider Adoption of FX Global Code

In an open letter to Global FX Committee (GFXC) chair Guy Debelle, the head of the Bank for International Settlements’ (BIS) Markets Committee, Jacqueline Loh, has called for greater adoption of the FX Global Code, especially amongst asset managers. Ahead of the first three-year review of the Code, the letter also urges the GFXC to […]

And Another Thing…

The agenda established by the Global Foreign Exchange Committee for the focus of the impending three-year review of the FX Global Code was not expected to surprise – and it didn’t. As I argued in Monday’s column the key factors in need of discussion and review largely surround execution – although I have to acknowledge […]

GFXC to Add Algo Guidance to FX Global Code

The Global Foreign Exchange Committee (GFXC) at its meeting in Sydney this week established five areas of focus for its work to maintain the FX Global Code, with algo execution and transaction cost analysis (TCA) being added to the existing workstreams around buy side outreach, disclosures, anonymous trading and execution principles. According to GFXC chair […]

P&L Talk Series with Guy Debelle

As he assumes the reins of the Global FX Committee, Reserve Bank of Australia deputy governor Guy Debelle talks to Colin Lambert about the impact of the FX Global Code and the importance of maintaining momentum as the GFXC seeks to broaden its reach. Colin Lambert: We are now more than two years on from […]

GFXC Updates on Working Group Progress

The Global Foreign Exchange Committee (GFXC) has released materials from its last meeting in Tokyo, including progress reports from its various working groups, a new illustrative example on “cover and deal” trading activity and a presentation on flash crash events in foreign exchange markets. The new cover and deal example, to be included in the […]

Outgoing GFXC Chair Potter Highlights Ongoing Work

Outgoing Global FX Committee chair Simon Potter remains optimistic about the impact of the FX Global Code and has signalled a busy work schedule for the Committee and its working groups over the coming year. In an interview withProfit & Loss Potter outlines the continuing work of the separate streams established by the GFXC, but makes […]

Debelle Named as GFXC Chair

Guy Debelle, deputy governor of the Reserve Bank of Australia (RBA), has been named as the next chair of the Global Foreign Exchange Committee (GFXC). His two-year term will begin in early July, 2019, after he was nominated and elected to the position at the latest two-day GFXC meeting hosted by the Bank of Japan […]

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