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BIS establishes working group to strengthen code of conduct standards and principles in FX markets

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In the recent release of ‘The Fair and Effective Markets Review’ FEMR, into how to restore trust in FICC markets, the report made the following recommendations in sections 4a and 4b: 4. Launch international action to raise standards in global FICC markets a. Agree a single global FX code, providing: principles to govern trading practices and standards for venues; examples […]

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