foreign exchange committee
The Foreign Exchange Committee is an industry group that has been providing guidance and leadership to the global foreign exchange market since its founding in 1978.
The FXC includes representatives of major financial institutions engaged in foreign currency trading in the United States and is sponsored by the Federal Reserve Bank of New York. Aware of the strong integration of the global foreign exchange market, the FXC is also an active partner to other foreign exchange committees and industry associations worldwide.
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  • July 29 - FXC and FMLG issue Illustrative Implementation Steps and Best Practices for Intermediated FX Prime Brokerage arrangements
  • September 30 - FXC and FMLG issue market practice around designation of covered PB counterparties under PB Protocol.
  • May 29 - FXC issues updated Management of Operational Risk in Foreign Exchange.
  • May 29 - Foreign Exchange Committee co-publishes Codes of Best Market Practice and Shared Global Principles.
  • May 22 - FXC and FMLG issue market practice regarding Swap Trading Relationship for Foreign Exchange.

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  • quick links
    Link to FMLG >