ACI UK News and Coming Events!
ACI UK will once again be supporting the annual Variety Big Top Children's Christmas Lunch taking place on Monday 8 December at Coram's Fields, the unique venue for children and young people situated between Holborn and King's Cross. This is a wonderful occasion that brings together some 675 children from special needs schools and schools in disadvantaged areas in and around London for a fabulous Christmas party, with entertainers, activities and gifts for all. As in previous years, we are calling on ACI UK members to volunteer to help out on the big day - serving food, helping to clear up, playing games, leading a random Conga......
We're looking for just 10 volunteers from the UK ACI community - please reply to this email ASAP to put your name down to help out at this wonderful event. Thank you in advance for your support.
ACI UK Christmas Reception - 4 December - City Golf Club
We look forward to seeing you at the Christmas Reception on Dec 4. Please note that RSVP required for admission. Send a mail to email@example.com ASAP if you will be joining us. Please note that the charge for non-members - £125/head.
2014 ACI UK Dealing Simulation Course - another huge success
The 2014 Dealing Simulation Course (17-21 November), run in association with ACI Australia, was another massive success. 27 delegates from banks, brokers, platforms and vendors learned exactly how the FX trading environment works in a very intensive 5 day programme. As well as gaining hands on trading and broking experience, delegates heard from industry experts on topics including Forwards, FX Options, Clearing, Settlement, Risk, Regulation etc. Our sincere thanks to UK DSC 2014 sponsors Bloomberg, EBS and LCH Clearnet for their support. Thanks too to our guest presenters (in order they presented) - Roger Hawes, Julian Gladwin - CLS, Chris Dudley - Bloomberg, Kathleen Brooks - GAIN, Jon Healey - BBVA, Basu Choudhury - LCH Clearnet, Alex McDonald - WMBA and Noel Singh - ABN AMRO for their expert presentations and for giving up their time to support us. Last but not least, especial thanks to Chris Howlett (ACI Australia) and Garry Lartin (Thomson Reuters Australia), Alan Clarke (BBVA), Darryl Hooker (EBS), Reny Morsch (Eurex) and Sue Attwood (Markit) for the enormous commitment of time/effort they all gave to delivering another fantastic ACI educational programme. More photos and feedback about ACI DSC 2014 to follow.
The ACI UK Dealing Simulation Course is accredited for Continuing Professional Development by CPDUK. To find out about more about the Course click here or contact Sue Attwood/Oliver Madden. For sponsorship information, contact Tina Kane.
ACI UK leading the debate at key industry events
In recent months ACI UK President Morgan McDonnell has spoken at a number of industry events including September's Eurofinance Budapest 2014. Click here to view his presentation. On 20 November, he joined a panel of experts at the annual Recent Developments in the Market Abuse Regime conference, discussing FX Benchmarking ce (City and Financial Global).
Marshall Bailey, ACI global president will speak at the forthcoming FXInvest Europe, Frankfurt, February 2015. To discuss ACI UK participation in your event, contact Jake Smith.
The final report and recommendations of the Financial Stability Board Benchmark Consultation were published yesterday following consultation with industry bodies and trade associations including ACI. Amongst its recommendations was 'stronger demonstration by market participants of compliance with the codes of the various foreign exchange committees as well as internal codes of conduct.....stronger demonstration of compliance could also take the form of yearly reconfirmation of the codes (both internal and external) by sales and traders through specific training and regular exams'. The Report goes on to say 'We would expect more public endorsement of the codes by various foreign exchange committees and their member banks' and specifically acknowledges that the ACI Model Code is already used in many jurisdictions.
ACI Responds to FSB Consultation on Benchmarking
The ACI Foreign Exchange Committee (ACI FXC) has provided feedback and recommendations on the role and use of benchmarks. ACI's full response is here. To discuss the adoption and application of the ACI Model Code within your organisation, contact Morgan McDonnell, ACI UK President and/or Sue Attwood, ACI UK Managing Director. For more details, click here.
ACI Exam Suite accredited in UK for Continuing Professional Development.
CPDUK has assessed and certified the ACI Dealing Certificate, ACI Operations Certificate and ACI Model Code Certificate - and now the ACI Dealing Simulation Course - as meeting established global principles for Continuing Professional Development. For more information contact Oliver Madden. To learn more about ACI qualification, click here.