We are also committed to promoting the Code among our employees, clients and wider market participants, and we encourage industry adherence in the interests of the integrity and effective functioning of the wholesale FX market.

As a critical market infrastructure, we have been actively engaged in the development of the Code. David Puth, CEO of CLS, has been integral to its development in his role as Chair of the Market Participants Group, and CLS representatives have actively participated in various regional Foreign Exchange Committees.

Further information about the Code can be found on the Global Foreign Exchange Committee website.

View David Puth's remarks from the press conference here.