foreign exchange committee
FXC
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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news
  • April 3 - FSB Chair requests assistance from FXC in monitoring progress on implementation of FSB FXBG recommendations
  • March 30 - The eight foreign exchange committees release the “Global Preamble: Codes of best market practice and shared global principles”
  • July 29 - FXC and FMLG issue Illustrative Implementation Steps and Best Practices for Intermediated FX Prime Brokerage arrangements

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    Link to FMLG >