MOEX has signed a statement of commitment to the FX Global Code to support a fair and transparent market.
On Thursday, the Moscow Exchange (MOEX) announced that it signed a statement of commitment to the FX Global Code. By showing its commitment, the exchange has pledged its support for a robust, fair, liquid, open and transparent foreign exchange market.
The FX Global Code was developed to set international principles for good practices in the forex market. The code is a result of a partnership of central banks and market participants from 16 jurisdictions around the world. So far, the market has embraced the code, with numerous banks and financial institutions pledging their commitment to adhere to the code.
The code aims to create a fair and strong forex market, supported by a resilient infrastructure. While the code isn’t regulatory binding or a substitute for local regulations, it supplements all local laws and rules by providing a framework for international good practices and processes.
MOEX is leading the way for Russia
MOEX is the first Russian financial institution to commit to the code. The exchange joins a large group of more than 100 other market participants. These include central banks and banks including Barclays, Citi, Deutsche Bank and JPMorgan Chase & Co. In addition, the code is also supported by electronic trading platforms such as Bloomberg and Thomson Reuters.
Commenting on the Russian Exchange’s commitment to the code, Igor Marich, a member of MOEX’s Executive Board and Head of the Money and Derivatives Markets said: "we endorse the FX Global Code and are committed to the highest levels of fairness and transparency,"
"As the world’s largest Liquidity center for the ruble, Moscow Exchange has a special responsibility to operate an open, resilient and trustworthy FX Trading Platform. By committing to the Global Code, we are ensuring our practices are aligned with leading international standards and our infrastructure will remain robust and reliable."
MOEX is the global center of liquidity for the ruble. The exchange allows trading in 10 currency pairs, with the most common being the Russian Ruble/US Dollar pair. The Moscow Exchange first announced its intent to join the Global Code in January this year.
On Thursday, the Moscow Exchange (MOEX) announced that it signed a statement of commitment to the FX Global Code. By showing its commitment, the exchange has pledged its support for a robust, fair, liquid, open and transparent foreign exchange market.
The FX Global Code was developed to set international principles for good practices in the forex market. The code is a result of a partnership of central banks and market participants from 16 jurisdictions around the world. So far, the market has embraced the code, with numerous banks and financial institutions pledging their commitment to adhere to the code.
The code aims to create a fair and strong forex market, supported by a resilient infrastructure. While the code isn’t regulatory binding or a substitute for local regulations, it supplements all local laws and rules by providing a framework for international good practices and processes.
MOEX is leading the way for Russia
MOEX is the first Russian financial institution to commit to the code. The exchange joins a large group of more than 100 other market participants. These include central banks and banks including Barclays, Citi, Deutsche Bank and JPMorgan Chase & Co. In addition, the code is also supported by electronic trading platforms such as Bloomberg and Thomson Reuters.
Commenting on the Russian Exchange’s commitment to the code, Igor Marich, a member of MOEX’s Executive Board and Head of the Money and Derivatives Markets said: "we endorse the FX Global Code and are committed to the highest levels of fairness and transparency,"
"As the world’s largest Liquidity center for the ruble, Moscow Exchange has a special responsibility to operate an open, resilient and trustworthy FX Trading Platform. By committing to the Global Code, we are ensuring our practices are aligned with leading international standards and our infrastructure will remain robust and reliable."
MOEX is the global center of liquidity for the ruble. The exchange allows trading in 10 currency pairs, with the most common being the Russian Ruble/US Dollar pair. The Moscow Exchange first announced its intent to join the Global Code in January this year.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
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