DMALINK is expanding its global code of conduct LP member-base following a successful beta run in 2022. The firm cemented its belief in the global code of conduct by publishing a statement of commitment on the CLS register in October 2022. The decision to adhere to the code has been confirmed by a trial run with select counterparties. Michael Siwek, Founding Partner and Global Head of Sales at DMALINK, said: “Although currently voluntary, the code is a step in the right direction to benefit all market participants. Metrics such as quote-to-order ratio is crucial to sophisticated clients.” The build-out of code-adhering market makers will be segmented into categories based on currencies and regions to match with client demand.
