Trading Forex: What Investors Need to Know

The set of principles that governs conduct in the wholesale currency market, covering ethics, governance, execution, information sharing, risk and confirmation. The reference document for how the market is expected to operate.

Global Foreign Exchange Committee

A research overview of how the currency market is actually organised, from dealer intermediation to electronic and algorithmic trading. Explains where liquidity comes from and how prices form.

Chaboud, Rime and Sushko

Sixty best practices covering the full life of a currency trade, from pre-trade documentation to capture, confirmation and settlement. Shows what disciplined execution looks like at institutional scale.

The Foreign Exchange Committee

The triennial turnover survey that measures the size and composition of currency trading, broken down by instrument, counterparty and currency pair. The most authoritative snapshot of what the market actually trades.

Federal Reserve Bank of New York