2021 Request for Feedback

In April and May 2021 the GFXC sought industry feedback on the proposed amendments to the 2018 version of the FX Global Code and on two draft guidance papers for the practices of ‘pre-hedging’ and ‘last look’.

Outcomes of the 3-year Review of the FX Global Code – July 2021 – This paper summarises the outcomes of the Code review and highlights the specific changes to the Code.

Responses received to the April 2021 Request for Feedback

Responses received to the May 2021 Request for Feedback

April 2021 Request for Feedback Material

• GFXC Request for Feedback Cover Sheet setting out the proposals and process for providing feedback
• GFXC Anonymous Trading Proposals
• GFXC Algorithmic Trading/Transaction Cost Analysis Proposals and Example Transaction Cost Analysis Template
• GFXC Disclosures Proposals
• GFXC FX Settlement Risk Proposals

May 2021 Request for Feedback Material

• GFXC Draft Guidance Paper on Pre-Hedging
• GFXC Draft Guidance Paper on Last Look 

2018 Last Look Request for Feedback

GFXC response paper to the GFXC Request for Feedback on Last Look practices in the foreign exchange market

Last Look feedback submissions

View the Request for Feedback