Forex Group Twits Members' Recycling Prices To Vendors

DATA CONSUMERS

The Association Cambiste Internationale's Committee for Professionalism (CFP) has issued an amendment to the FX group's official code of conduct condemning the practice of taking market-maker FX prices from an automated feed and recycling them to the vendor as contributed data. The amendment, which will likely be incorporated into codes of conduct approved by regulators in many markets worldwide, follows months of discussion of the issue by the ACI.

The topic of recycling prices was raised at

To continue reading...