Additionally, the GFXC has published guidance papers on the practices of Pre-Hedging and Last Look to support market participants in applying the Code’s principles in these areas. One area that reflects the development of the market is the role played by Anonymous Trading.
A: A large part of the weakness undoubtedly comes from the global economy and from the fact that exports are not growing as rapidly as they have in previous years. Within the economy, investment demand grew very, very rapidly in 2011 and in some part of 2012.