CHICAGO, January 23, 2018 – Mesirow Financial recently signed and committed to the FX Global Code of Conduct. By embracing these global standards, Mesirow is dedicated to follow a common set of guidelines and has taken appropriate steps, based on its size, complexity of activities and the nature of its engagement in the FX Market, to align its activities with the principles of the code.
The FX Global Code of Conduct is a set of 55 principles of good practice in the foreign exchange market that have been developed to provide a common set of guidelines to contribute to the integrity and effective functioning of the wholesale foreign exchange market. These principles have been divided into six leading principles: ethics; governance; execution; information sharing, risk management and compliance; and confirmation and settlements. The code is intended to promote a robust, fair, liquid, open and appropriately transparent market in which a diverse set of market participants, supported by resilient infrastructure, are able to confidently and effectively transact at competitive prices that reflect available market information and in a manner that conforms to acceptable standards of behavior.*
“Mesirow has always been committed to high standards of conduct, best practices and transparency,” said Joe Hoffman, chief executive officer Mesirow Currency Management. “Signing this document demonstrates our commitment to these principles and the best interests of our clients. We encourage that other firms take the same step.”
* Global Foreign Exchange Committee