Celebrating its 10th Anniversary, FXPA Ushers in Officers, Directors
WASHINGTON, DC, February 26, 2024 – The Foreign Exchange Professionals Association (FXPA) elected a new slate of Officers and Board of Directors members at its annual meeting on February 20, 2024, marking its 10th anniversary as an organization.
Encompassing buy side, sell side, exchanges, trading platforms, and technology providers, the elections showcase the key tenets of the association, which are to represent the collective interests of professional foreign exchange market participants to advance a sound, liquid, transparent and competitive global currency market to policy makers and the marketplace through education, research and advocacy.
FXPA’s new Chair is Joe Hoffman, CEO of Mesirow Currency Management at Mesirow Financial in Seattle; Vice Chair is Dale Haver, Senior Managing Director, Global Head of FX Sales at State Street Global Markets in Boston; Treasurer is Jeff Roberts, Director, EBS Market Product at CME Group in London; and Lauren Rosborough Watt, Economics & Investment Manager at CalPERS in Sacremento, continues as Secretary. The four officers form FXPA’s Executive Committee, which sets the agenda for the upcoming year.
“The opportunity to serve as Chair of the FXPA is truly an honor, and I am committed to upholding the exceptional work of the FXPA,” affirms Joe Hoffman, CEO of Mesirow Currency Management. “Given the recent market fluctuations due to global tensions, inflationary pressures, shifts in monetary policy, as well as the outcome of the US election and the risk of recession, brings the potential for more FX volatility in 2024. I am dedicated to expanding the FXPA’s membership and I’m excited about collaborating with all members to echo the unified voice of the FX market.”
During 2023, FXPA launched three new working groups. The T+1 Settlement WG, working together with the Buy Side WG, produced a guidance paper for the buy side on preparations for the transition in May 2024. The Buy Side WG is also focussed on issues pertaining to transparency. The Trading Platforms WG is developing a white paper that focuses on FX Global Code compliance on trading venues, among other topics. Additional working groups include the Digital Assets WG and Off-Market Pricing WG.
FXPA also elected a slate of candidates to the Board, which is now comprised of:
Martin Knudsen, Senior Product Manager, FX Electronic Trading, Bloomberg
Lauren Rosborough Watt, Economics & Investment Manager, CalPERS
Scot Halvorsen, Assistant General Counsel, Cboe Global Markets
Jeff Roberts, Director, EBS Market Product, CME Group
Taylor Haberstock, Associate Trader, Global Income, Eaton Vance Management
Patrick Basilice, Chief Compliance Officer, Euronext US Inc, Euronext
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
Christopher Matsko, Head of FX Trading Services, Portware
Dale Haver, Senior Managing Director, State Street Global Markets
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.
-ENDS-
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
FXPA Elects New Officers, Directors at Annual Meeting
The Foreign Exchange Professionals Association (FXPA) elected a new slate of Officers and Board Members at its annual meeting on February 14, 2023.
Effective immediately, Susan Dauber, Head of Legal & Regulatory, Euronext FX, and Chairperson of Euronext Markets Singapore, is Chair of FXPA; Chip Lowry, Senior Managing Director at State Street, is Vice Chair; Lauren Rosborough Watt, Investment Manager at CalPERS, is Secretary; and Paul Houston, Global Head of FX at CME Group, continues as Treasurer. The four officers form FXPA’s Executive Committee, which sets the agenda for the upcoming year.
Dauber succeeds Acting Chair, Chris Leonard-Appleton, Head of FX Risk & Regulation, LSEG, who remains on the Board, and Lowry succeeds Tod Van Name, Global Head of FX Electronic Trading, Bloomberg, who was serving as Acting Vice Chair. Rosborough Watt succeeds Jordan Barnett, MD at BNY Mellon.
“It is an honor to be elected as Chair of the FXPA and to have this opportunity to continue Chris’ fine work and leadership,” says Dauber. “With recent volatility driven by global tensions, inflationary pressures and shifts in monetary policy, the FX market will undoubtedly remain top of mind. It would appear FX volumes are set to continue to grow in 2023 with an increasing interest in the APAC region and we look forward to continuing to expand the FXPA’s membership and outlook. I look forward to working with all members as we represent the collective voice of the FX market.”
In other news, Alex Blackmur, Director of FX, Corporate Finance and Strategic Investments at Microsoft, will lead a new Buy Side Working Group for FXPA. FXPA has recently increased its buy side Advisory Membership with the additions of Mesirow and Insight Investment.
FXPA also elected a slate of candidates to the Board, which is now comprised of: Martin Knudsen, Senior Product Manager, FX Electronic Trading, Bloomberg; Rosborough Watt of CalPERS; Mike Margolis, Assistant General Counsel, Cboe; Houston of CME; Dauber of Euronext US; Leonard-Appleton of LSEG; Blackmur of Microsoft; Christopher Matsko, Head of FX Trading Services, Portware; KC Lam, Head of FX and Rates, Singapore Exchange (SGX); and State Street’s Lowry.
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 to advance a sound, liquid, transparent and competitive global currency market to policymakers and the marketplace through education, research and advocacy. Since 2014, the FXPA has established itself as a respected industry thought-leader and resource for global policymakers.
-ENDS-
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