Press release 

GFXC Launches New Survey Focused on FX Global Code, Announces Next Meeting, and Provides Update on Working Groups

4 October 2018

On September 28, 2018, the Global Foreign Exchange Committee (GFXC) launched a new survey that aims to measure awareness and adoption of the FX Global Code (the Code) among market participants. The information collected through the survey will support the GFXC in promoting, maintaining, and updating the Code and will help determine effective mechanisms for fostering adherence. The GFXC will consider the results of the survey at its next meeting, which will take place on November 29-30 in Paris, France.

This survey will follow up on the initial survey the GFXC conducted last year that received more than 500 responses. The results of that survey were published in December 2017.

Ahead of its meeting in Paris, the GFXC is also providing an update on the working groups it created to focus on four priority areas: "cover and deal" trading activity, disclosures, buy-side outreach, and integration of the Code in the FX market.

For additional details on the GFXC and the FX Global Code, visit the GFXC website:

Press inquiries:
Suzanne Elio
Federal Reserve Bank of New York
(212) 720-6449