Moscow Exchange Joins FXPA

WASHINGTON, DC, May 26, 2015 – The Foreign Exchange Professionals Association (FXPA) is pleased to announce the addition of the Moscow Exchange (MOEX) as Full Members of the FX trade association.
“The Moscow Exchange is extremely honoured to have joined the Foreign Exchange Professionals Association. The FX industry is going through profound changes at present and we believe through the single voice and leadership of the FXPA we can build a better, more stable and more transparent market structure that will benefit all participants in the market. The Moscow Exchange brings more than 20 years of experience to the table in running centrally cleared FX cash and swap order books that typically trade over $25bln a day and we feel that joining FXPA is the best way we can share that knowledge with other market participants and regulators,” says Igor Marich, Managing Director, FX & Money Markets at Moscow Exchange.

The addition of MOEX brings to 22 the number of institutional members now part of FXPA, following the recent additions of EBS-BrokerTec and State Street Global Markets.
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