Media & Industry News
BidFX commits to FX Global Code of Conduct
LONDON, 3 October 2017 – BidFX, a rapidly growing eFX platform, today announced its support and statement of commitment to the Global Code of Conduct. The Global Code’s purpose is to promote a robust, fair, liquid, open, and appropriately transparent market.
Since the code’s initiation earlier this year, BidFX has focused on aligning its practices to meet and adhere to the requirements. BidFX is proud to announce they have formally committed to the code, making them one of the early adopters in the industry.
BidFX CEO, Jean-Phillipe Male commented, “BidFX was built to create more transparency in the FX markets, understanding it is a direct driver for optimized trading performance. We fully support the Global Code and any initiative with the intention to strengthen the integrity and effectiveness of the FX market.”
Through our role as a foreign exchange market vendor, BidFX supports the Code in the following ways:
Risk Management & Compliance: Our data integrity code already meets the best selection and TCA standards
Confirmation & Settlement: With best of breed partnerships and proprietary OMS’ integrations, BidFX enables seamless order staging and real-time straight through processing.
Ethics: BidFX prides itself on working honestly and fairly with all its clients, while remaining consistent and transparent in work practices.