Published in concert with the 2018 GFXC Survey Results were two reports on Disclosure and Transparency and 'Cover and Deal'. The first was the output of the Working Group formed in response to industry feedback (particularly around Last Look) to look at areas of improvement in disclosure and transparency, including in relation to anonymous
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2018 SURVEY HIGHLIGHTS Published on 14 February, the 2018 GFXC survey "aimed to measure the awareness, adoption, implementation, and effects of the FX Global Code for market participants". Sent to 500 FX participants globally, 303 respondents included new firms (not included previously) and represented diverse market segments, sectors,
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Extracts from article in Profit and Loss, 23 January 2019 "The defence team conducting former HSBC FX trading head Mark Johnson’s appeal against his conviction in late 2017 have filed their appeal brief to the US Court of Appeal, in which they argue that the US Government’s brief offers, “…the latest flavour of the prosecution’s many
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Extract from 'And Finally' Profit and Loss 7 January 2019 “……my Person(s) of the Year is ACI – The Financial Markets Association.There were undoubtedly several people within ACI involved in the work , I understand it a lot of heavy lifting was done by the US chapter, but whoever was involved showed real industry leadership. In the case
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"Paul epitomised our motto “Once a dealer always a dealer”. In the last look window of life, our great FX industry will look back on Paul’s ground-breaking contributions for many years to come. ACI and the Ancient Marketeers bid farewell to one of our “greats”, for the Dog has barked his last. Rest in Peace Paul" EULOGY – MEMORIAL
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Brief Calls for “Illogical” Government Argument to Be Overturned in Johnson Case 20 September 2018 - ACI – Financial Markets Association (ACI FMA) has filed an Amicus Brief on behalf of former HSBC FX trading head Mark Johnson, who is appealing his conviction and sentencing earlier this year for several wire fraud
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