Portware Commits to FX Global Code of Conduct
February 13 2018 - 8:02AM
Portware, a FactSet Trading Solution, today reinforced its support
for an open, transparent and effective foreign exchange market by
committing to the guidelines outlined in the FX Global Code of
Conduct. By signing the voluntary code of conduct, the Company
pledges to uphold the six leading principles of the code: ethics;
governance; execution; information sharing; risk management and
compliance; and confirmation and settlement processes. Portware
expects its clients to benefit from the commitment to more robust
and open practices across their foreign exchange (FX) operations,
as well as the increased market liquidity a more trusted FX market
is anticipated to generate.
“We firmly believe in standards of transparency, fairness,
liquidity, and ethical practices in the FX market,” said
Christopher Matsko, Head of FX Trading Solutions, FactSet. “Signing
the FX Global Code offers us the opportunity to represent the best
interests of the foreign exchange community worldwide. We look
forward to working with our clients, partners, and all of the
signatories to enhance the effectiveness of the global FX
marketplace.”
Portware Enterprise, FactSet’s order and execution management
solution for Tier 1 global asset managers, has been at the
forefront of FX innovation for over a decade. Leading asset
managers and hedge funds worldwide have deployed it to help meet
their most complex trading requirements. Portware FX is a core
component of Portware Enterprise, providing clients a real-time,
centralized view of their entire foreign exchange marketplace.
Portware FX aggregates liquidity from global providers, including
banks, electronic communication networks (ECNs) and interdealer
platforms, equipping FX traders with a full range of order routing
options through a single, fully customizable, broker-neutral front
end.
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Bowman203.810.2144Abowman@factset.com
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