As it now has more than 900 entries, if you are not able to find your counterparties or your other service providers in the foreign exchange market, you should be asking them why they haven’t committed to the Code. Getting greater adoption from the buy-side remains a focus for the GFXC and we have various initiatives in train on that front.
A range of materials has been developed with the aim of making it easier for firms to engage with and commit to the Code. These materials are now available on the GFXC’s website and will be added to over time.5 If you are a buy-side firm with an active FX operation, then the Code very much applies to you.