FXPA Elects New Leadership, Sets Strategic Agenda for 2025

WASHINGTON, DC, February 25, 2025 The Foreign Exchange Professionals Association (FXPA) has elected its 2025 leadership team, reaffirming its commitment to advocating for fairness, transparency, and efficiency in the institutional foreign exchange (FX) market. The annual elections, held on February 19, bring together key industry leaders who will shape the FXPA’s strategic direction in the year ahead.

The newly elected and incumbent officers include:

  • Chair: Joe Hoffman, CEO of Mesirow Currency Management, Mesirow Financial
  • Vice Chair: Dale Haver, Senior Managing Director, Global Head of FX Sales, State Street Global Markets
  • Treasurer: Jeff Roberts, Director, EBS Market Product, CME Group
  • Co-Secretaries: Cathrine Poulton, Managing Director, Global Buyside Head of GlobalLink FX Product Sales, and Terri Knapp, Managing Director, GlobalLink FX, Global Head of Sell Side Sales

These officers, along with a newly elected and sitting slate of Board members, will guide FXPA’s efforts in 2025 as the association expands its engagement with US and global policymakers. The transition in US executive and Congressional leadership presents new opportunities for FXPA to advocate for market participants and provide insights and education on market dynamics.

FXPA’s 2025 Board is comprised of:

  • Paul Hopkinson, Senior Product Manager, FX Electronic Trading, Bloomberg
  • Scot Halvorsen, Assistant General Counsel, Cboe Global Markets
  • Jeff Roberts, Director, EBS Market Product, CME Group
  • Cathrine Poulton, Managing Director, Global Buyside Head of GlobalLink FX Product Sales, GlobalLink
  • Richard Turner, Senior Trader, Insight Investment
  • Joseph Hoffman, CEO, Mesirow Currency Management, Mesirow Financial
  • Taylor Haberstock, VP, Global Trader, Morgan Stanley Investment Management
  • John Marchese, Head of FX Sales & Partnerships, Portware
  • Dale Haver, Senior Managing Director, State Street Global Markets

In 2024, FXPA strengthened its role as a thought leader, providing members with critical guidance on regulatory developments and industry best practices. Notable achievements included a white paper on FX derivatives trading platforms, ongoing guidance around T+1 settlement implementation for buy-side firms, deeper collaboration with global regulatory bodies, and continued advocacy for the FX Global Code.

Building on this momentum, FXPA’s 2025 agenda focuses on expanding its influence through enhanced outreach to policymakers and regulatory bodies, targeted working groups, and increased resources for its diverse membership – including buy-side and sell-side firms, exchanges, trading platforms, and technology providers.

The FXPA remains dedicated to representing the collective interests of professional FX market participants, advancing a sound, liquid, transparent, and competitive global currency market through education, research, and advocacy. Since its founding in 2014, the association has established itself as a leading voice in the industry, providing valuable insights to policymakers, market participants, and the media.

The FXPA is a unique industry body that represents a diverse cross-section of the FX market to advance its mission to collectively represent the interests of professional FX industry participants. Since 2014, the FXPA has established itself as a respected industry thought leader and resource for the industry, media, and global policymakers.

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The Foreign Exchange Professionals Association (“FXPA”) is a Washington-based organization that represents the collective interests of professional foreign exchange market participants. The group engages with key regulators and policymakers through education, research, and advocacy, with the goal of advancing a sound, liquid, transparent and competitive global currency market.  See more at www.fxpa.org

RBC Capital Markets Joins FXPA as Supporting Member

The Foreign Exchange Professionals Association (FXPA) is pleased to welcome RBC Capital Markets as a Supporting Member. A leading global investment bank and part of Royal Bank of Canada, RBC Capital Markets is recognized for its commitment to innovation, risk management, and delivering value to clients in the FX market and beyond.

“RBC Capital Markets’ deep expertise and global reach make it a significant addition to FXPA,” says FXPA Chair, Joseph Hoffman, CEO of Mesirow Currency Management at Mesirow Financial. “RBC’s involvement further enriches the collective knowledge and expertise within our organization. Their perspective will be invaluable as we address critical industry topics and engage with policymakers.”

Since its founding in 2014, FXPA has represented the interests of the institutional FX market, advancing its mission through education, research, and advocacy. The addition of RBC Capital Markets highlights FXPA’s commitment to bringing together a diverse range of industry participants to address evolving market challenges and opportunities.

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About FXPA
The Foreign Exchange Professionals Association (FXPA) is a Washington-based organization dedicated to advancing the interests of the institutional FX market. Through education, research, and advocacy, FXPA engages with policymakers and industry stakeholders to promote a sound, liquid, transparent, and competitive global currency market. Learn more at www.fxpa.org.

Media
Julie Ros

Strategic Advisor, FXPA
jros@fxpa.org

How Does the Global Code Apply to Me? Webinar Audio – May 31, 2017

Click on the links below for the full audio recording and accompanying presentation from FXPA’s May 31, 2017 webinar, “How Does the Global Code Apply to Me?” featuring Chip Lowry, Senior Managing Director at State Street Global Markets and Chair of FXPA; Lisa Shemie, Associate General Counsel at Bats Global Markets, a CBOE Company and Member of the FXPA Policy Committee; Tahreem Kampton, Senior Director, Microsoft and Board Member of FXPA; and David Puth, CEO of CLS, and Chair of the Market Participants Group for the Global Code:

Audio: https://profit-loss.webex.com/profit-loss/lsr.php?RCID=e63ee258c64389de4adf3f9ef76e876b

Presentation: https://fxpa.org/wp-content/uploads/2017/05/FXPA_-Global_Code_Commentary.pdf

      FXPA Webinar: Implications of the Recent Last Look Settlement on Your Business - FXPA

Implications of the Recent Last Look Settlement on Your Business

FXPA hosted a webinar on Jan 12, 2016, featuring an overview of the trade association’s recently released educational paper on Last Look, provided by Chip Lowry, Chair of FXPA’s Policy Committee. Following this, Michael Miller and Jason Weinstein, partners at Steptoe & Johnson, which serves as outside counsel to FXPA, shared their insights into what the recent Last Look settlements mean and what you can do to safeguard your business: What are the key takeaways? What are some of the best practices now emerging? Are there public policy implications? .