LMAX Calls on UK Regulators to Lead FX Market Reforms After Releasing Report
Posted: Sun Jul 10, 2016 12:04 pm
A leading Multilateral Trading Facility (MTF), LMAX Exchange (LMAX), which provides foreign exchange (FX) trading to retail and institutional clients, today made an announcement calling on the financial regulators in the UK to take the lead on global reforms for the FX industry.
LMAX said that the UK financial regulators should show leadership to help reach objectives set out by FEMR to improve FX market transparency – as previously set out by the Governor of the BoE and the Chancellor of the Exchequer.
In a parallel release, LMAX published a report today titled ‘The road to FX reformation: Restoring trust ... ([url=http://www.financemagnates.com/institutional-forex/regulation/lmax-calls-uk-regulators-lead-fx-market-reforms-releasing-report/]read more)