FX Trading and Business Management

2013

• May 22 - FXC and FMLG issue market practice regarding Swap Trading Relationship for Foreign Exchange.

• May 8 - FXC and FMLG issue market practice regarding form of Prime Broker Notice to Executing Dealer under PB Protocol.

• May 6 - ISDA offers Derivatives/FX Prime Brokerage Business Conduct Allocation Protocol. The Protocol Annex, developed with the FXC and FMLG, provides for the allocation of business conduct responsibilities in prime brokerage arrangements as permitted by CFTC No-Action Letter No. 13-11.

• February 15 - FXC/FMLG issue market practice for trade reporting of prime brokerage trades

2010

• November 30 - FXC submits comments to Treasury Department on Determination of Foreign Exchange Swaps and Forwards
• Attachment C
• November 22 - FXC releases updated Guidance and Associated Publications
• Tools for Mitigating Credit Risk in Foreign Exchange
• Letter on Best Practice Guidance of Payment-versus-Payment Settlement Services
• Updated Guidelines for Foreign Exchange Trading Activities
• Updated Management of Operational Risk in Foreign Exchange
• October 29 - FXC releases revised guidelines on foreign exchange trading
• Guidelines for Foreign Exchange Trading Activites

2009

• November 24 - FX Prime Brokerage Reverse Give-Up Relationships: An Overview
• November 9 - FXC releases paper on the OTC foreign exchange market
• Cover letter
• FXC paper

2008

• May 16 - The FXC Announces the Release of 2008 Version of Guidelines for Foreign Exchange Trading Activities
• May 16 - Updated Version of the Guidelines for Foreign Exchange Trading Activities

2006

June 19 - FXC publishes autodealing paper on the market impact and best practice recommendations
• Autodealing: Market Impact and Best Practice Recommendations

2005

• December 19 - FXC publishes prime brokerage overview and best practice recommendations
  • Foreign Exchange Prime Brokerage Product Overview and Best Practice Recommendations
• December 9 - FXC addresses letter to market participants regarding the retail foreign exchange market
• November 17 - Remarks by FXC Chair Mark Snyder before the Profit & Loss Forex Network: "New Opportunities and Risks in Foreign Exchange: The Role of the Foreign Exchange Committee"
• July 14 - FXC addresses letter to market participants regarding the practice of issuing authorization letters

2004

• November 8 - 2004 Version of Foreign Exchange Transactions: Execution to Settlement, Recommendations for Nondealer Participants
• July 13 - Remarks by FXC Chair Mark Snyder before the FX Week Congress: "Ethics, Best Practices and Self-regulation: A Crossroads for the Global Foreign Exchange Market"
• July 13 - The FXC Addresses Letter to Market Participants Regarding the Use of Points to Resolve Disputes
• July 13 - 2004 Changes to the Guidelines for Foreign Exchange Trading Activities
• July 13 - Updated Version of the Guidelines for Foreign Exchange Trading Activities
• February 23 - FXC Addresses Letter to Market Participants Regarding the Practice of Issuing Authorization Letters
• February 17 - FXC and SFEMC Address Joint Letter to Market Participants Regarding Risks Associated with Trading on an Unnamed Basis

2003

• December 1 - FXC expresses deep concern about recent charges alleging criminal behavior by individuals in the foreign exchange market and resolves to continue its work to preserve a fair, transparent, and efficient marketplace
• March 3 - The FXC Comments on Trading Foreign Exchange on an Unnamed Basis
• January 31 - FXC Addresses Letter to Market Participants Regarding Risks Associated with Trading On an Unnamed Basis

2002

• November 6 - FXC Letter to the Joint Standing Committee Endorsing Proposed Changes to the NIPS Code Regarding Trading with Unnamed Counterparties.
• October 30 - 2002 Changes to the Guidelines for Foreign Exchange Trading Activities
• October 30 - Updated version of the Guidelines for Foreign Exchange Trading Activities

2001

• November 23 - Foreign Exchange Committee offers Supplementary Guidance for Market Disruptions.
• November 15 - The FXC Offers Recommendations on Contingency Planning
• September 1 - An updaated version of the "Guidelines for Foreign Exchange Trading Activity"
• February 2 - Bank Indonesia has recently announced certain restrictions with regard to foreign exchange transactions involving the Indonesian rupiah

2000

• July 18 - Committee Joins with Other Industry Groups to Support Provisions of H.R. 4541
• February 17 - FXC announces new set of best practices for the barrier option market

1999

• December 02 - Force Majeure Documents: press release, new provisions , contractual amendment and user guide
• October 20 - Foreign Exchange Transaction Processing: Execution to Settlement, Recommendations for Nondealer Participants
• October 18 - FX Committee issues "Y2K: Best Practice in the Foreign Exchange Market"
• October 18 - Y2K: Best Practice in the Foreign Exchange Market
• June 25 - Letter reminding the community of the potential benefits of reduced transactions and settlements in the first week of January 2000
• June 8 - Letter to CFTC on Proposed Rules Concerning Automated Trading Systems Providing Access to Electronic Boards of Trade Operating Primarily out of the US

1998

• December 3 - Y2K: Letter from the Committee and the Singapore Foreign Exchange Market Committee suggesting that the foreign exchange community take steps to reduce the volume of transactions in the first trading week of 2000
• September 3 - Foreign Exchange Committee Recommends Close-out of Ringgit Positions
• August 11 - FXDS: The Benefits of Foreign Exchange Transactions that Settle Difference Only
• June 17 - EMU: Guide to Operational Issues in the Foreign Exchange Market
• April 1 - Committee Letter Endorsing the EMI's Recommendation on EMU Business Holidays
• January 28 - Committee Letter on Handling of Stop-Loss Orders in an Electronic Trading Environment

1997

• December 19 - A Survey Assessing the Impact of Electronic Broking on the Foreign Exchange Market