The FX Global Code: Championing global standards and best practices in FX
Marc Bayle de Jessé discusses the recent update to the FX Global Code and how best practices related to mitigating settlement risk and efficient post trade practices in the FX markets remain a high priority for market participants, policymakers and regulators. He also outlines how CLS is working with the industry and policymakers to implement standardization while mitigating risk and reducing cost for market participants.
“We believe that implementing global standards and best practices in the FX market to mitigate settlement risk further is best achieved through close collaboration between the public and private sectors.”
Chief Executive Officer