Global FX Code – Execution Principles

Course level : Short courses

After a three-year review, the Global FX code was updated in July 2021 to strengthen conduct standards and reflect changes in the FX markets.

Failing to adhere to the Code, can lead to severe penalties for both firms and individuals. Regulators and central banks in all major jurisdictions expect both buy-side and sell-side FX market participants to have committed to the Code. The Global Foreign Exchange Committee often carries out surveys to check how the Code has been implemented, including checking that committed companies are training their staff regularly on the principles.

This standalone module (taken from the full course: Global FX Code – Conduct, Principles and Clarity provides a step-by-step journey through some of the more challenging/contentious areas of executing orders under the Global FX Code. Created by experts, it has been designed to deepen understanding of how you are expected to operate under the Code.

 

This module looks at executing orders under the Code through the following topics:

  • Order Handling
  • Benchmarks
  • Pre-hedging
  • Mark ups
  • Last look
  • Algorithms

This course is suitable for:

  • Both regulated and unregulated firms who have adopted or are informally applying the Code
  • Compliance professionals, investment managers, asset managers, treasurers or FX traders who want to ensure adherence or validate their knowledge
  • Self-paced, online, gamified learning
  • Quizzes to test your understanding
  • Access for 1 month (in which time you can continue to test your knowledge as often as you want)
  • Certificate of completion
per currency depending on location   
GBP  200
EUR  220
USD  260

Course fees stated exclude VAT or local tax, this will be added to your basket at the checkout if applicable.

Exclusive Qualification Discount for ICA Professional and Fellow Members

All ICA Professional and Fellow members are entitled to discounted rates on subsequent qualifications they choose to enrol on:

• Professional (MICA) - 10%
• Fellow (FICA) – 15%

Simply enter your membership number on enrolment to gain your exclusive discounted rate.

Group discounts are also available for 5 or more. Contact us at icainfo@int-comp.org for more information.

Global FX Code – Conduct, Principles and Clarity

The full course takes a more in-depth look at the Global FX Code.

Using case studies based on real situations and prosecutions, this course will cover:

  • Introduction to the Global FX Code
  • Personal accountability
  • Ethics
  • Governance
  • Execution
  • Information sharing
  • Risk management and compliance
  • Confirmations and settlements

Fees: £400 + tax where applicable

You can also study ‘Introduction to the Global FX Code' as a standalone module:

Introduction to the Global FX Code
£100 + tax

Course dates and prices

Where are you based?

Fees are subject to local taxes where appropriate and will be shown on your checkout page.


Loading...
Download factfile

Expert support

View all

Help and support

Alternatively contact us on: +44(0)121 362 7534 / icainfo@int-comp.org (Course information)

or +44(0)121 362 7533 / learningsupport@int-comp.org (Enrolled learners)

or +44 (0) 121 362 7503 / epa@int-comp.org (End Point Assessment)