Saxo signs up to FX Global Code

The Danish bank is the second firm to commit after Barclays

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Saxo Bank: “We take pride in being at the forefront driving transparency," says Kim Fournais. Image: Jensejnerjep/WikiCommons

On June 15, Saxo became the second bank to indicate publicly that it is committed to putting the FX Global Code of Conduct (GCC) into practice, following a similar statement from Barclays in May.

Alongside its letter of commitment to the GCC, the Danish bank introduced an enhanced disclosure – a document aiming to strengthen client confidence in the financial industry by providing insight into broker incentive and stability, client leverage and performance.

“Saxo believes openness and

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