ParFX: transparency to drive trading practices as Code adoption grows

FX Global Code will spur market participants to amend execution terms and conditions

Roger Rutherford
Roger Rutherford: “Counterparties are asking each other the right questions, demanding greater levels of transparency, and seeking clarity on policies relating to last look, pricing and execution”

As the number of market participants adopting the FX Global Code of Conduct gathers momentum in 2019, there will be a greater focus on the transparency of trading practices, says Roger Rutherford, chief operating officer at trading venue ParFX.

“Many market participants I’ve spoken to have already begun amending their execution terms and conditions to ensure their clients are fully apprised of their operating practices, and can make an informed decision about their trades,” he says.

Rutherford

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