Foreign Exchange Committee: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
(Undo revision 16239 by Doug Williamson (talk))
imported>Doug Williamson
(Add summary from FXC webpage https://www.newyorkfed.org/fxc/index.html)
Line 1: Line 1:
(FXC).
(FXC).
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.


The Foreign Exchange Committee is established to:
The Foreign Exchange Committee is established to:
Line 13: Line 16:
* [[Foreign exchange]]
* [[Foreign exchange]]
* [[FEOMA]]
* [[FEOMA]]
* [[FX Global Code]]
* [[ICOM]]
* [[ICOM]]
* [[IFEMA]]
* [[IFEMA]]
* [[IFXCO]]
* [[IFXCO]]
* [[ISDA]]
* [[ISDA]]

Revision as of 20:12, 27 June 2017

(FXC).

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.


The Foreign Exchange Committee is established to:

  1. Serve as a forum for the discussion of good practice and technical issues in the foreign exchange (FX) market.
  2. Foster improvements in risk management in the FX market by offering recommendations and guidelines.
  3. Support actions that facilitate greater contractual certainty for all parties active in foreign exchange.


See also