TraderTools foreign exchange blog

An answer to charges of FX price fixing

By Ian Tick, Director of Marketing, TraderTools
March 3 , 2014

TraderTools CEO Yaacov Heidingsfeld recently spoke out about claims of FX price fixing. See a 48-second video summarizing his thoughts at http://youtu.be/73E6sRnsRP0.

 

Yaacov encourages the FX industry, which has traditionally been very good at self-regulation, to approach the central bankers with concrete suggestions on how to increase transparency. The ensuing dialogue should cover the rules which have governed foreign exchange trading for the past 20 years to see if they need to be changed and to implement changes if necessary.

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