May 2016 Public Statement – Market infrastructur..
May 2016 Public Statement – Market infrastructure
26 May 2016
EBS BrokerTec strongly supports the publication of the first phase of the global code of conduct (Global Code) for the wholesale foreign exchange (FX) market. We welcome this initiative to strengthen the market and have been actively engaged in the development of the Global Code as members of the Market Participants Group (MPG) and through participation in various regional Foreign Exchange Committees (FXCs). As a key part of the FX market, we intend to adhere to the completed Global Code by incorporating the relevant portions within our processes. We are also committed to promoting the Global Code amongst our members, and encourage industry adherence in the interests of the integrity and effectiveness of the FX market.