Foreword : Formulating a new benchmark of FX Best Practices

Manfred Wiebogen
President ACI, The Financial MarkIncreasing regulatory initiatives strive to capture, to master but
also to govern most of the financial markets. One of them, the
Foreign Exchange market, is still a mainly OTC (over-the-counter)
one, which has been overcoming the ongoing economic and sovereign
turbulences remarkably well.
What is the reason for that?
Players in the global FX market tend to act according to best
practices in promoting efficient market practices. These
practices are encouraging high standards of conduct and
professionalism. Being a rather flexible, deep volume and
counterparty driven marketplace the practitioners interest always
has been to maintain orderly and efficient markets. High
standards of dealing practice and integrity must prevail.
Magazine articles in HTML format on this website are only available to current paid subscribers so unless you are a current subscriber you will not be able to read any more of this article. However, e-Forex has now made all flash and pdf versions of the magazine freely available to registered users so you can still access and view this article in full. Please sign in above and register your contact details and then these versions of the magazine can be found here: http://www.e-forex.net/Digital+Versions.efx
If you have already registered but still cannot access these versions you may need to upgrade your existing account.Please use the link below to upgrade your account which will give you free access to these versions of the magazine.