Latest News
24 January 2025
GFXC updates FX Global Code and enhances Disclosure Cover Sheets for Liquidity Providers and Platforms. Read the Press Release.
10 December 2024
The Global Foreign Exchange Committee (GFXC or Committee) held a two-day virtual meeting on 5–6 December, which was hosted by the Bank of Mexico. Gerardo García (GFXC Chair) provided an update on the continued growth of the entries in the GFXC Global Index of Public Registers, which currently stands at over 1,300 Statements of Commitment. Read the Press Release.
09 October 2024
The GFXC is seeking feedback from industry stakeholders on proposals arising from its Three-Year Review of the FX Global Code. The proposals include amendments to both the Code and the Disclosure Cover Sheets for Liquidity Providers and Platforms. Read the Press Release.
05 July 2024
GFXC convened in Frankfurt to assess progress on the three-year review of the Code and examined potential modifications to further mitigate FX Settlement Risk, and enhance the transparency of FX transactions under delegated execution and on the use of client generated FX data. Read the Press Release.
About the GFXC
The Global Foreign Exchange Committee (GFXC) 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.
Why is the GFXC important?
GFXC members and senior market participants explain the importance of the GFXC for the foreign exchange market and why adherence to the Code’s principles of good practice is vital to promote the effective functioning of the market. Learn more from GFXC members and senior market participants.
