FXPA Announces 25th Member: INTL FCStone
The Foreign Exchange Professionals Association (FXPA) is pleased to announce the addition of INTL FCStone as the newest Supporting Member of the FX trade group, bringing the total number of institutional members of FXPA to 25.
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FXPA Welcomes HC Technologies as Supporting Member
The Foreign Exchange Professionals Association (FXPA) is pleased to announce the addition of HC Technologies as the newest Supporting Member of the FX trade group, bringing the total number of institutional members of FXPA to 24.
FXPA Welcomes Jump Trading as Governing Council Member
The Foreign Exchange Professionals Association (FXPA) is pleased to announce the addition of Jump Trading as the newest Governing Council Member of the FX trade group.
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FXPA Statement on ‘Brexit’
The Foreign Exchange Professionals Association (FXPA) commends the industry for its preparations ahead of Britain’s referendum on whether to Leave or Remain in the European Union, which resulted in the relatively smooth functioning of currency markets in the initial hours and days after the polls closed.
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FXPA Comment on Release of the Global Code
The Foreign Exchange Professionals Association (FXPA) is in full support of the first phase of the Global Code of Conduct for the Foreign Exchange Market, which was published this morning following a meeting of the Global Foreign Exchange Committees in New York.
“The Foreign Exchange Professionals Association (FXPA) praises the global coordination and work of the Bank for International Settlements’ Foreign Exchange Working Group in strengthening global standards for those operating in the FX market. This has been an enormous undertaking, done at a tremendous pace, and FXPA welcomes today’s release of the Global Code and will support the adoption of its principles,” says FXPA in a statement.
According to the Bank for International Settlements (BIS), the Foreign Exchange Working Group (FXWG) was established to strengthen code of conduct standards and principles in FX markets. The working group, which operates under the auspices of the Markets Committee, is headed by Guy Debelle (Reserve Bank of Australia), Chairman of the Markets Committee.
FXPA Supports Buy Side View of FX Derivatives
The Foreign Exchange Professionals Association (FXPA) submitted written comments in response to the Commodity Futures Trading Commission’s (CFTC) Market Risk Advisory Committee (MRAC) meeting held to look at how well the derivatives markets are functioning.
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FXPA Meets with UK Regulators, Central Bank
The Foreign Exchange Professionals Association (FXPA) extended its round of introductory meetings with regulators, central banks and legislators around the world with a set of meetings earlier this month in the UK.
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FXPA Chair Lowry, Vice Chair Sigelbaum Speaking at Forex Network London
Chip Lowry, chairman, and Jill Sigelbaum, vice chair, of the Foreign Exchange Professionals Association (FXPA) will be speaking at Profit & Loss Forex Network London next Thursday, April 14. Lowry will discuss the FX trade association’s mission and activities to date, as well as take a look at a number of developing and ongoing trends in the market during a one-on-one interview with David Clark, chairman of the Wholesale Markets Brokers’ Association (WMBA).
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FXPA Calls for FX Exemption from SEC Funds’ Use of Derivatives Rules
The Foreign Exchange Professionals Association (FXPA) has submitted comments to the Securities and Exchange Commission (SEC) on its proposed rules governing the “Use of Derivatives by Registered Investment Companies and Business Development Companies”, calling for an exemption for FX swaps and forwards.
FXPA Elects New Officers, Board Members
The Foreign Exchange Professionals Association (FXPA) is pleased to announce the election of Chip Lowry, Senior Managing Director of State Street Global Markets, as Chair, and Jill Sigelbaum, EVP and Global Head of Foreign Exchange at Traiana, as Vice Chair. FXPA also approved a slate of nine candidates to the 2016 Board of Directors.
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