Euronext is latest venue to demand FX code compliance from LPs
From January 1, anonymous spot liquidity pools across the ECN will automatically switch to code compliant only
Euronext FX is set to automatically transition all anonymous spot liquidity across the trading venue to pools that consist solely of FX Global Code signatories – in a move designed to promote greater adherence to market best practices.
From January 1, 2023, the electronic communications network (ECN) will remove any liquidity provider (LP) that has not signed the code of conduct from clients’ liquidity pools, unless requested not to do so by a client. The transition will affect all Euronext’s
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