The Global Foreign Exchange Committee (GFXC) is developing a global index of registers to help make it clearer which institutions have signed up to the global code via any one of the eight registers.
GFXC hopes to launch the index by June 27, the date of the forthcoming GFXC meeting in Johannesburg, according to Christopher Matsko, head of FX trading services at Portware, a technology vendor owned by FactSet.
David Puth, CEO of CLS, confirmed an index of registers is in the making, promising it would be easily navigable.
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