Global Foreign Exchange Committee and Penny shares: Difference between pages

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''FX Global Code''.
1.  ''Investment - investment strategies - equities - listed equities.''


(GFXC).
An ordinary equity share with a very low current market price.


The Global Foreign Exchange Committee was established in 2017 as a forum bringing together central banks and private sector participants with the aim to promote a robust, liquid, open, and appropriately transparent foreign exchange (FX) market in which a diverse set of participants, supported by resilient infrastructure, are able to:
A common threshold for classifying a share as a penny share in the UK is a maximum current market price of GBP 0.20 = 20 pence 1 per share.


*confidently and effectively transact at competitive prices
*that reflect available information and
*in a manner that conforms to acceptable standards of behaviour.


Investing in such shares can be appealing to certain very naive investors, on the basis that the potential for large proportionate gains - for example a doubling of the value per share - could be considered more likely than for a stock with a higher current market price per share.


The objectives of the GFXC are:


#To promote collaboration and communication among the local foreign exchange committees (FXCs) and non-GFXC jurisdictions with significant FX markets.
They are generally very high risk investments, and unsuitable for non-professional investors.
#To exchange views on trends and developments in global FX markets, including on the structure and functioning of those markets, drawing on information gathered at the various FXCs.
#To promote, maintain and update on a regular basis the FX Global Code and to consider good practices regarding effective mechanisms to support adherence.




==See also==
2.  ''Investment - investment strategies - equities.''
* [[Central bank]]
* [[Foreign exchange]]
* [[Foreign Exchange Committee]]
* [[FX Global Code]]
* [[Statement of commitment]]
* [[UK Money Markets Code]]


Shares in very small companies, whose shares may have a very low market value per share.


==Other links==
[https://www.treasurers.org/codes Association of Corporate Treasurers (ACT) FX Global Code resources]


[https://www.treasurers.org/node/334778 FX Global Code warmly welcomed by the ACT]
== See also ==
* [[Equity]]
* [[Financial Conduct Authority]]  (FCA)
* [[Ordinary shares]]
* [[Penny]]
* [[Penny stock]]
* [[Preference shares]]
* [[Share]]
* [[Stock]]


[http://www.globalfxc.org/fx_global_code.htm FX Global Code webpage]


[http://www.globalfxc.org/global_index.htm GFXC's Global Index of Public Registers]
==External link==
*[https://www.fca.org.uk/consumers/penny-shares Find out why you should be cautious about investing in penny shares or penny stocks - UK Financial Conduct Authority (FCA)]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:Corporate_finance]]
[[Category:Investment]]
[[Category:Identify_and_assess_risks]]
[[Category:Manage_risks]]
[[Category:Risk_frameworks]]
[[Category:Risk_reporting]]
[[Category:Financial_products_and_markets]]

Latest revision as of 16:09, 10 February 2022

1. Investment - investment strategies - equities - listed equities.

An ordinary equity share with a very low current market price.

A common threshold for classifying a share as a penny share in the UK is a maximum current market price of GBP 0.20 = 20 pence 1 per share.


Investing in such shares can be appealing to certain very naive investors, on the basis that the potential for large proportionate gains - for example a doubling of the value per share - could be considered more likely than for a stock with a higher current market price per share.


They are generally very high risk investments, and unsuitable for non-professional investors.


2. Investment - investment strategies - equities.

Shares in very small companies, whose shares may have a very low market value per share.


See also


External link