ICE Joins FXPA

The Foreign Exchange Professionals Association (FXPA) is pleased to announce the addition of the Intercontinental Exchange (ICE) onto the Founders’ Council. “We are pleased to join FXPA and look forward to working with its members to support policies for a transparent and efficient market that allows participants to effectively manage currency risks,” says Intercontinental Exchange Chief Strategy Officer David Goone.
The addition of ICE brings to 20 the number of institutional members now part of FXPA, which is due to hold elections this afternoon.
To find out how you can support the FX industry through education, research and advocacy, visit our website at www.fxpa.wpengine.com, become an institutional member, sign up for our newsletter, FXPA globalFXsource.

Hotspot, Integral Join FXPA

Hotspot, Integral Join FXPA
The Foreign Exchange Professionals Association (FXPA) is pleased to announce the addition of two new institutional members: Hotspot and Integral Development Corp have joined ahead of the Feb 10 Board and Officer elections.
To find out how you can support the FX industry through education, research and advocacy, visit our website at www.fxpa.wpengine.combecome an institutional member, and sign up for our newsletter, FXPA globalFXsource.

Read More

Dollar Edges up Before US Jobs, Wages Data – Reuters

Top Headlines

FXPA Elections for First Permanent Board Set for 10 Feb
The Foreign Exchange Professionals Association (FXPA) will hold elections for its first permanent Board of Directors and Officers on Feb 10. FXPA, which launched Sept 25, 2014, now has 18 members representing the diversity of participants in the institutional FX market. To find out how you can support the FX industry through education, research and advocacy, visit our website at www.fxpa.wpengine.com, become an institutional member, and sign up for our newsletter, FXPA globalFXsource.

Dollar Edges up Before US Jobs, Wages Data – Reuters
The dollar edged up against a basket of currencies on Friday as investors looked to US jobs and wages data later in the day for further clues as to when the Federal Reserve might raise interest rates.
Read More

ESMA Scraps Mandatory Clearing of NDFs for Now

Top Headlines

FXPA Elections for First Permanent Board Set for 10 Feb
The Foreign Exchange Professionals Association (FXPA) will hold elections for its first permanent Board of Directors and Officers on Feb 10. FXPA, which launched Sept 25, 2014, now has 18 members representing the diversity of participants in the institutional FX market. To find out how you can support the FX industry through education, research and advocacy, visit our website at www.fxpa.wpengine.combecome an institutional member, and sign up for our newsletter, FXPA globalFXsource.

ESMA Scraps Mandatory Clearing of NDFs for Now – Profit & Loss (free story)
The European Securities and Markets Authority (ESMA) will not immediately be proposing a clearing mandate for non-deliverable forwards (NDFs), following responses it received after issuing a consultation paper on a potential clearing obligation for NDF products in October 2014.

Read More

FXPA Elections for First Permanent Board Set for Feb 10

Top Headlines

FXPA Elections for First Permanent Board Set for Feb 10
The Foreign Exchange Professionals Association (FXPA) will hold elections for its first permanent Board of Directors and Officers on Feb 10. FXPA, which launched Sept 25, 2014, now has 18 members representing the diversity of participants in the institutional FX market. To find out how you can support the FX industry through education, research and advocacy, visit our website at www.fxpa.wpengine.com, become an institutional member, and sign up for our newsletter, FXPA globalFXsource.
Read More

UK Review May Form Template for Wider Market Reform

Top Headlines

UK Review May Form Template for Wider Market Reform – Profit & Loss (free story)
The significance of the UK’s Fair and Effective Markets Review (FEMR) appears to be increasingly capturing the wider attention of global markets and regulators, with notably heightened interest around the submission of responses to the latest consultation process, which closed last Friday (30 January).

Read More

FXPA Welcomes Colorado PERA

Top Headlines

FXPA Welcomes Colorado PERA
The Foreign Exchange Professionals Association (FXPA) is pleased to welcome three new members, including Colorado PERA (Copera). “Colorado PERA welcomes the opportunity to join FXPA and assist in its mission to foster a stronger global currency market. We believe continuing improvements in transparency, liquidity, and competitiveness can only benefit our members and the overall marketplace,” says Stephen Komon, senior portfolio manager and trader at Copera. For membership information, please contact Julie Ros at jros@fxpa.org

FXPA News: Join by 1 Feb to Qualify for Time-Limited Membership Category
The special founding member category of the Foreign Exchange Professionals Association (FXPA) will close on 1 February. Join today to be part of the first wave of founding members that enjoy the distinct benefits that this class offers. FXPA recently crossed the critical threshold of 15 members, triggering elections for the first permanent Board of Directors and Officers. FXPA’s Board will include 50% representation by Founding Members that join prior to the 1 February deadline.

Read More