Bank of England official urges buy-side firms to adopt global FX code
BoE markets director says uptake from the buy side has been slower than that of banks
The committee overseeing the rollout of the Global FX Code will focus on strengthening the code’s adoption by buy-side firms in 2019, the Bank of England’s executive director for markets says.
Speaking on December 6, Andrew Hauser said leaving the adoption of the code to the sell side would not be in the interest of investment firms, nor their clients.
“At a time when FX markets are evolving rapidly, there has never been a more important time for investors active in those markets to be shaping
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