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FX Ethics Revamp Spurs Citigroup Training, App for Traders

  • Global Code rollout seen within a year, RBA’s Debelle says
  • Citigroup says it seeks to rebuild trust in industry
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Traders in the $5.1-trillion-a-day currency market are getting a refresher course in good behavior.

The publication of the FX Global Code last week has market participants weighing how the document’s 55 principles -- crafted by industry leaders and central bankers as part of a global cleanup effort -- will affect their jobs on a daily basis.