Mesirow Financial’s Currency Management Group Embraces the FX Global Code of Conduct
CHICAGO, January 23, 2018 – Mesirow Financial recently signed and committed to the FX Global Code of Conduct. By embracing these global standards, Mesirow is dedicated to follow a common set of guidelines and has taken appropriate steps, based on its size, complexity of activities and the nature of its engagement in the FX Market, to align its activities with the principles of the code.
The FX Global Code of Conduct is a set of 55 principles of good practice in the foreign exchange market that have been developed to provide a common set of guidelines to contribute to the integrity and effective functioning of the wholesale foreign exchange market. These principles have been divided into six leading principles: ethics; governance; execution; information sharing, risk management and compliance; and confirmation and settlements. The code is intended to promote a robust, fair, liquid, open and appropriately transparent market in which a diverse set of market participants, supported by resilient infrastructure, are able to confidently and effectively transact at competitive prices that reflect available market information and in a manner that conforms to acceptable standards of behavior.*
“Mesirow has always been committed to high standards of conduct, best practices and transparency,” said Joe Hoffman, chief executive officer of Mesirow’s Currency Management group. “Signing this document demonstrates our commitment to these principles and the best interests of our clients. We encourage that other firms take the same step.”
About Mesirow Financial and Currency Management
Mesirow Financial is an independent, employee-owned firm founded in 1937. As specialists in investment, risk management and advisory services, we are committed to helping our institutional, corporate and individual clients achieve their specific objectives. Our professionals are inspired by an entrepreneurial desire to develop tailored solutions designed to deliver measurable results.
Mesirow Financial Currency Management manages more than $79 billion in currency risk overlay assets for institutional clients in North America, UK, Europe and Australia as of December 31, 2017. To learn more, please visit mesirowfinancial.com.