FX Markets

GFXC set to focus on FX market data access

Costs of data needed for buy-side benchmarking exercises under spotlight

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Fairer access to post-trade foreign exchange data could be the next top issue for the Global Foreign Exchange Committee (GFXC) to tackle, following concerns raised by market participants at its last meeting.

Debate about the cost of obtaining market data from foreign exchange venues has been ongoing for the past few months. Issues around data availability for different types of buy-side firms were raised at the last GFXC meeting held in Zurich on June 27 and 28, according to a meeting

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