360T will block liquidity providers who have not signed the latest version of the FX Global Code from making markets on its anonymous forex trading platform, repeating a move taken by rival trading venue Cboe FX earlier this month.
The platforms’ policies are an answer to a long-standing question of how to give bite to the code. Some critics have argued that the market’s voluntary standards must ultimately be enforced through regulation.
Simon Jones, chief growth officer at 360T
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