Looks Like We Are Creeping Toward Full Overhaul of Spot FX in Europe
By Andrew Saks
January 19, 2021, Finance Feeds
Should we take heed of the alarmist nature of ESMA’s view that the ‘disturbance’ of the FX market is a major reason for the FX Global Code to be brought in to crack down on spot FX? It is time to fight back against this draconian nonsense and to stand your ground.
As if there hasn’t been enough bureaucracy, legal wrangling and wing-clipping over the past few years in major regions which are synonymous with FX brokerages.
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