The Global Foreign Exchange Committee was established in May 2017 as a forum bringing together central banks and private sector participants with the aim to promote a robust, fair, liquid, open, and appropriately transparent Foreign Exchange (FX) market in which a diverse set of participants, supported by resilient infrastructure, are able to confidently and effectively transact at competitive prices that reflect available information and in a manner that conforms to acceptable standards of behaviour.
The GFXC has established a Global Index of Public Registers ("Global Index"). The Global Index acts as a central location that links the various Participating Public Registers, providing a more comprehensive view of market participants' commitment to good practices.
The GFXC has three working groups underway to further study 'cover and deal' type trading activity, disclosures and negative pre-hedging examples. More information can be found here.
4 December 2019
GFXC Meets in Sydney to Agree Priorities for Updating the FX Global Code. Read the Press Release
19 September 2019
10 July 2019
GFXC Provides Further Detail on the Three-Year Review, Announces New Co-Vice Chair, and Releases New Work Products Read the Press Release
22 May 2019
GFXC Meets in Tokyo to Select New Chair, Progress Key Objectives and Plan for Future Work. Read the Press Release