Is There a Crisis of Trust in the Currency Market?

The video discusses the current trust issues in the Forex industry, highlighting the lack of public trust in markets since the global financial crisis. It introduces a new code of conduct developed through a public-private partnership, aimed at improving market communication and liquidity. The code is not a regulation but a set of principles to guide market participants. The video also explores the future of the Forex market, including electronic trading standards and the expected growth in market volume.

What was a significant factor that led to the development of a code of conduct in the Forex market?

• Technological advancements

• Increased market competition

• The global financial crisis

• The rise of cryptocurrency

How was the code of conduct for the Forex market developed?

• Through a public-private partnership

• Through a government mandate

• By a single regulatory body

• By a group of independent traders

What is the primary purpose of the information sharing principle in the Forex code?

• To restrict market access

• To enhance market liquidity

• To limit trader communication

• To increase regulation

What is the nature of the Forex market code discussed in the video?

• It is a strict regulation

• It is a code of principles

• It is a trading algorithm

• It is a financial penalty system

What is the expected outcome of implementing the Forex market principles?

• A reduction in market participants

• A rise in trading fees

• An increase in market liquidity

• A decrease in market volume