FX veterans launch Global Code consultancy

Nick Downes and Julian Gladwin form Axiom Global Advisors to independently assess firms’ preparedness for adherence

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FX Global Code: it should not be seen as a box-ticking exercise, says Nick Downes, co-founder of Axiom Global Advisors

Two foreign exchange market veterans – Nick Downes and Julian Gladwin – have teamed up to launch consultancy firm Axiom Global Advisors to help market participants adhere to the FX Global Code of Conduct.

The launch of the London-based consultancy comes a little more than a month before the May 25 deadline for currency market participants to commit to the Code’s 55 principles on a voluntary basis.

“The FX Global Code is a positive development for the FX market, but it should not be seen as a

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