This commitment demonstrates FactSet’s continued investment in serving the needs of the front office

NORWALK, Conn., Feb. 13, 2018 (GLOBE NEWSWIRE) -- Portware, a FactSet Trading Solution, today reinforced its support for an open, transparent and effective foreign exchange market by committing to the guidelines outlined in the FX Global Code of Conduct. By signing the voluntary code of conduct, the Company pledges to uphold the six leading principles of the code: ethics; governance; execution; information sharing; risk management and compliance; and confirmation and settlement processes. Portware expects its clients to benefit from the commitment to more robust and open practices across their foreign exchange (FX) operations, as well as the increased market liquidity a more trusted FX market is anticipated to generate.

“We firmly believe in standards of transparency, fairness, liquidity, and ethical practices in the FX market,” said Christopher Matsko, Head of FX Trading Solutions, FactSet. “Signing the FX Global Code offers us the opportunity to represent the best interests of the foreign exchange community worldwide. We look forward to working with our clients, partners, and all of the signatories to enhance the effectiveness of the global FX marketplace.”

Portware Enterprise, FactSet’s order and execution management solution for Tier 1 global asset managers, has been at the forefront of FX innovation for over a decade. Leading asset managers and hedge funds worldwide have deployed it to help meet their most complex trading requirements. Portware FX is a core component of Portware Enterprise, providing clients a real-time, centralized view of their entire foreign exchange marketplace. Portware FX aggregates liquidity from global providers, including banks, electronic communication networks (ECNs) and interdealer platforms, equipping FX traders with a full range of order routing options through a single, fully customizable, broker-neutral front end.

About FactSet

FactSet (NYSE:FDS) (NASDAQ:FDS) delivers superior analytics, service, content, and technology to help more than 88,000 users see and seize opportunity sooner. We are committed to giving investment professionals the edge to outperform, with fresh perspectives, informed insights, and the industry-leading support of our dedicated specialists. We're proud to have been recognized with multiple awards for our analytical and data-driven solutions and repeatedly ranked as one of Fortune's 100 Best Companies to Work For and a Best Workplace in the United Kingdom and France. Subscribe to our thought leadership blog to get fresh insight delivered daily at insight.factset.com. Learn more at www.factset.com and follow on Twitter: www.twitter.com/factset.

Media Relations Contact:
Amy Bowman
203.810.2144
Abowman@factset.com

Investor Relations Contact:
Rima Hyder
857.265.7523
Rima.hyder@factset.com

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.