Tokyo Foreign Exchange Market Committee
Tokyo Foreign Exchange Market Committee is comprised of professionals in the foreign exchange market and other related international financial markets, who are recommended to the Committee by participants in the interbank foreign exchange market (including the Bank of Japan).
Objectives of Tokyo Foreign Exchange Market Committee:
- To provide a forum for discussing and exchanging ideas on technical issues relating to the foreign exchange market and other related international financial markets;
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- To provide opportunities for the members of the Committee to further enhance their understanding and expertise on practices and concepts relating to the foreign exchange market and other related international financial markets;
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- To draft and publish, as appropriate, recommendations and opinions on codes of conduct, and model agreements, relating to transactions in the foreign exchange market and other related international financial markets. In drafting such documents, the Committee shall strive to maintain consistency with those in overseas markets, equitable trading environment, and enhanced competition in the market. It should be noted that interbank market participants are not bound by any of the recommendations and opinions, and model agreements.
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- To assist persons participating in the foreign exchange market and other related international financial markets in their efforts to enhance their understanding and expertise on these markets, through organizing seminars and editing publications; and
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- To exchange information, as appropriate, with overseas market committees and market associations such as ACI.
The above introduction has been taken from The Tokyo Foreign Exchange Market Committee's official site which can be visited at http://www.fxcomtky.com/index_e.html.
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