The FX Global Code has had a galvanizing impact on the FX market. It has been welcomed by market participants and widely recognized as critically important to their business. The FX Global Code is a key example of how the buy-side and sell-side have joined together to deliver a solution that works for the broadest number of market participants.

All 45 representatives from the Market Participants Group signed a Statement of Intent shortly after the release of the second phase of the FX Global Code, demonstrating their willingness to build the principles into their own internal practices and procedures.

The next stage is the signing of a Statement of Commitment. In order to assist interested parties in identifying market participants that have signed a Statement of Commitment, CLS will, at the request of a relevant market participant, consider publishing a copy of their Statement of Commitment in the CLS public register below. As noted in the Explanatory Note to the Statement of Commitment, market participants should consider renewing their Statement of Commitment upon publication of future updates to the FX Global Code. CLS reserves the right to determine whether or not to publish any Statement of Commitment and may, in its sole discretion, reject or remove a Statement of Commitment without any explanation, responsibility or liability.

The CLS public register also participates in the Global Index of Registers (the “Global Index”) and any Statement of Commitment published on the CLS public register will also therefore be eligible for inclusion in the Global Index. A link to the Global Index is provided here:

If your institution is interested in the CLS public register, please contact

Each Statement of Commitment admitted to the CLS public register, and any related information, has been provided to CLS by the relevant market participant. CLS has not, and will not, verify any aspect of the Statement of Commitment (including the content, accuracy or validity of the Statement of Commitment or the authority of the individual signing the Statement of Commitment) or any of the information provided. No representation, warranty, assurance or undertaking (express or implied) is or will be made by CLS, and no responsibility or liability is or will be accepted by CLS or any of its group of companies for any aspect of the Statement of Commitment, its publication (whether on the CLS public register, the Global Index or elsewhere) or any information contained, or specified, in the public register or the Global Index or elsewhere. CLS will have no responsibility or liability for the relevant market participant’s adherence (or non-adherence) to the principles of the FX Global Code. For the avoidance of doubt, the absence of a Statement of Commitment in the CLS public register in no way implies the absence of a Statement of Commitment in respect of that market participant.