2009 Report Foreign Exchange Report published

The Foreign Exchange Committee, which is sponsored by the New York Federal Reserve Bank, is an industry group that has been providing guidance and leadership to the global foreign exchange market since its founding in 1978.

The FXC includes representatives of major financial institutions engaged in foreign currency trading in the United States. The FXC is also an active partner to other foreign exchange committees and industry associations worldwide.

The FXC’s objectives include:

• serving as a forum for the discussion of good practices and technical issues in the FX market, 
• fostering improvements in risk management in the FX market by offering recommendations and guidelines, and 
• supporting actions that facilitate greater contractual certainties for all parties active in foreign exchange.

The report is available online on the FXC’s Website or you can download it HERE.