The Central Bank of Nigeria (CBN) has officially introduced the Nigeria Foreign Exchange Code (FX Code) to guide the behaviour of financial institutions in the foreign exchange market. The event, held ...
FLASH FRIDAY is a weekly content series looking at the past, present and future of capital markets trading and technology. FLASH FRIDAY is sponsored by Instinet, a Nomura company. In 2015, BIS ...
Trading platforms must clearly disclose how they use data from client transactions, particularly regarding order handling, fees, and post-trade reviews, according to the updated FX Global Code. In ...
The Foreign Exchange Professionals Association (FXPA) labelled the updates “well-intentioned but flawed”, namely due to the overly complicated language used in the proposals and the lack of practical ...
New revisions will push for trading platforms to disclose how they use data from client transactions, as well as the establishment of a “hierarchy of settlement methods” and a 'risk waterfall' ...
The Central Bank of Nigeria (CBN) took strategic step to enhance transparency and boost market confidence with the inauguration of the Nigeria Foreign Exchange Code (FX Code). Six months after, ...
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