Tradition (UK) Limited (the ‘Institution’) acknowledges that the Standards published by the FICC Markets Standards Board (FMSB) represent generally recognised good practice in the wholesale fixed income, currencies and commodities (FICC) markets. The Institution confirms that it is committed to conduct its FICC market activities (its ‘Activities’) in a manner consistent with the Core Principles contained in FMSB Standards, and to have internal policies, procedures and controls reasonably designed to give effect to those Core Principles where they are applicable to its Activities, in a manner that is commensurate with the nature of its Activities in the relevant entity or jurisdiction.
This Statement of Commitment applies to all Standards published by FMSB in final form prior to 31 December 2017.
The Institution determines that this Statement of Commitment applies to the following Standards:
Standard | Final release |
New Issue Process standard for the Fixed Income markets | 2 May 2017 |
Reference Price Transactions standard of the Fixed Income markets | 21 November 2016 |
The Binary Options Standard for Commodities markets is not relevant because the institution does not offer binary options to its clients.