SEB re-commits to global code for fair and transparent FX trade
SEB has signed an updated statement of commitment to the FX Global Code and by that re-commits to a robust, fair and transparent currency market distinguished by high ethics. The Code was established in 2018 by central banks and market participants as part of introducing agreed standards of good practice. “We continue to support transparency in the FX industry. In this case by providing more information around execution rules as well as the specifics around algos, last-look and pre-hedging and supporting the reduction of settlement risk, SEB will continue to hold the highest standards in our business practices“, says Svante Hedin, acting head of FICC.