The Foreign Exchange Professionals Association (FXPA) is pleased to announce the addition of Fifth Third Bank as the newest Associate level member of the FX trade group.
“The more we learned about FXPA, the more we realized that the core values of Fifth Third Bank and FXPA were aligned. We fully support the advancement of competitive currency markets in a constantly changing global landscape. The commitment to educating all participants on industry issues is a positive endeavor that we want to be part of,” says Bob Tull, SVP, Global Head of Financial Risk Management at Fifth Third Bank.
“We are very excited to now be a member of FXPA. We believe we can provide unique perspectives on issues faced by regional banks and look forward to working with FXPA on current and future initiatives,” says Tim Lyons, MD, Head Trader – FX & Derivatives, at Fifth Third Bank.
“A diversity of perspectives is a key pillar of FXPA,” says FXPA Chairman Chip Lowry. “FXPA represents a broad group of constituents that have come together to collectively help shape the future of the FX industry, and we are pleased to welcome Fifth Third Bank as our first regional bank member.”
Launched in September 2014, FXPA is uniquely comprised of a cross-section of the institutional FX industry. Diversity of membership is embedded in FXPA’s organizational construct to ensure wide representation of the professional FX market. Founding members epitomize this diversity – including the buy side, exchanges, clearing houses, trading platforms, technology companies, banks and non-bank market participants.
The FXPA is a Washington, DC-based organization that represents the collective interests of the full array of professional foreign exchange industry participants. The group was developed to engage key regulators, policymakers, the news media and general public through education, research and advocacy, with the goal of advancing a sound, liquid, transparent, and competitive global currency market.
To find out how you can support the FX industry through education, research and advocacy, visit our website at www.fxpa.org,become an institutional member, sign up for our newsletter, FXPA globalFXsource.