KBOFX updates a set of business ethics and guidelines that are appropriate to a larger market
(PRUnderground) August 18th, 2023
KBOFX, a major Asian commodity exchange that is working hard to offer cutting-edge products across a variety of asset classes and build a brand culture renowned for its unique approaches, risk management tools, and global insights, today announced the adoption of a revised Code of Conduct applicable within hosted market events under its licensing in order to maintain the integrity of the commodity market and raise standards throughout the sector.
KBOFX operates in accordance with a predetermined set of realities that govern market representatives’ actions and decision-making. The Code of Conduct, which is a straightforward elaboration of the exchange’s business principles, provides staff employees with clear guidance and counseling for operating in accordance with their official credentials. For good reason, KBOFX is pleased with the high standards of its employees’ professional conduct, and it claims that the Code of Conduct will help clarify their duties to other market participants.
Additionally, members and clients of KBOFX use its trademark when marketing their products and services and when planning different events, which adds to the commodity market’s dynamism. The Code of Conduct will be followed on all occasions where the Exchange participates or is mentioned in relation to its activities. By making the Code of Conduct accessible, KBOFX hopes to make the process of continually improving market behavior more straightforward. In order to achieve this, KBOFX acknowledges that numerous members and clients will take strong conduct actions, and the Exchange is grateful for the important role it plays in ensuring that all market users may anticipate a highly professional environment.
“Our Exchange has a well-established set of principles that include dependability, versatility, effective collaboration, and involvement. The publication of our Code of Conduct broadens our market perspectives, which are now available to all interested parties who take part in business development events”, said Mathias Olsen, Chairman of the Board, KBOFX.
About Kobe Options and Futures Exchange (KBOFX)
The leading Japanese commodity exchange KBOFX creates, manages, and connects safe, liquid, and open marketplaces for commodities and related products. KBOFX strives to rank among Asia’s top trading platforms for commodities and digital products. The organization tends to carry onto and strengthen this position even as globalized structures become more prevalent. This includes not only the ongoing growth of KBOFX into an Asian organization with numerous partners but also a transparency and security architecture that has served and will continue to serve as a “safe haven” for all trading participants and partners. This architecture has the reputation of being a role model from its inception.
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Original Press Release.