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FMSB publishes a Statement of Good Practice Transparency Draft on electronic trading algorithms

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A FMSB Statement of Good Practice Transparency Draft today sets out the view of market practitioners and invites comment on how the wholesale markets industry can apply their existing model risk management frameworks in a proportionate way to electronic trading algorithms. 

We invite comments on this Transparency Draft. Please send them to secretariat@fmsb.com by 22 September 2023.