Foreign Exchange

Fidelity International: Championing individuality in the real money world

Claudia Preece sits down with Fidelity International’s global FX desk – winner of the 2024 Foreign Exchange Trading Desk of the Year – to explore the key ingredients for a successful team, highlighting their focus on well-rounded traders, the importance of a hands-on approach to technology, and plans for further expansion.

FX Global Code revisions get green light from participants

New revisions will push for trading platforms to disclose how they use data from client transactions, as well as the establishment of a “hierarchy of settlement methods” and a 'risk waterfall' approach, to tackle settlement risk.