Bank of England sets out code of practice on electronic trading

Members of the FX Joint Standing Committee comment on the recently reviewed Nips code, which includes a new section on electronic trading

Bank of England

A new voluntary code of conduct for electronic trading in the foreign exchange market set out by the Bank of England (BoE) has been well received by market participants, but questions have been raised about how it will interact with new trading regulations.

In its latest review of the Non-Investment Products (Nips) Code, published by the BoE's Foreign Exchange Joint Standing Committee (JSC) on November 15, the bank includes a new set of market conventions to define best practice in electronic

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

Stemming the tide of rising FX settlement risk

As the trading of emerging markets currencies gathers pace and broader uncertainty sweeps across financial markets, CLS is exploring alternative services designed to mitigate settlement risk for the FX market

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here