Forex market to adopt global code of conduct by end-Q3
While participants are excited about the conduct guidance, they say firms' internal behaviour is what will ultimately create change
Foreign exchange market participants are expected to begin implementing the new global code of conduct by the end of the third quarter of 2016, a senior industry figure disclosed at a recent gathering.
Discussing the issue, under Chatham House rules, of culture and the depleted trust in the forex market, panellists said the new code will complement regulation and not replace it.
"The code... is not intended in any way to replace regulation, particularly in global markets, but to supplement and
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