Fidelity International Joins FXPA as Advisory Member
The Foreign Exchange Professionals Association (FXPA) is pleased to announce the addition of asset management firm, Fidelity International, represented by Nigell Todd, Head of Global FX Trading, as an Advisory Member.
The addition of Fidelity International further broadens FXPA’s unique membership base.
“FXPA’s work in areas that impact buy side traders of FX is what attracted me to the association. FXPA’s recent focus on the FX implications for buy side traders given next year’s planned move to T+1 settlement for US and Canadian equities has been of particular interest,” says Todd. “We look forward to working with industry colleagues from across the market landscape on this important issue.”
“We are thrilled to gain Nigell’s input on a variety of issues that our working groups are tackling this year. We welcome Nigell and his colleagues at Fidelity International into this intentionally diverse organization,” adds FXPA Chair, Susan Dauber, Head of Legal & Regulatory at Euronext FX and Chairperson of Euronext Markets Singapore.
Since 2014, the FXPA has been representing the collective interests of the institutional FX market to advance a sound, liquid, transparent and competitive global currency market to policymakers and the marketplace through education, research, and advocacy.
The Foreign Exchange Professionals Association (“FXPA”) is a Washington-based organization that represents the collective interests of professional foreign exchange industry participants. The group is designed to engage 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
To learn more about institutional membership of FXPA, reach out to jros@fxpa.org
Atlassian Joins FXPA as Newest Buy Side Member
The Foreign Exchange Professionals Association (FXPA) is pleased to announce the addition of software development firm, Atlassian – represented by Treasurer Alex Blackmur – as an Advisory Member.
The addition of Atlassian, which is headquartered in Sydney, Australia, marks a return to FXPA for Blackmur, who previously served on the FXPA Board as the representative from Microsoft.
“I am looking forward to resuming my work with FXPA, now representing Atlassian as an Advisory Member. FXPA is a great way to give back to the market, providing us with an important avenue to engage with industry peers and address issues that uniquely impact the buy side of the FX market,” says Blackmur.
“We are delighted to welcome Alex back to the FXPA fold. His perspective into a variety of topics will provide valuable insights into how the market is functioning for buy side participants,” says FXPA Chair, Susan Dauber,Head of Legal & Regulatory at Euronext FX and Chairperson of Euronext Markets Singapore.
Since 2014, the FXPA has been representing the collective interests of the institutional FX market to advance a sound, liquid, transparent and competitive global currency market to policymakers and the marketplace through education, research, and advocacy.
-ENDS-
The Foreign Exchange Professionals Association (“FXPA”) is a Washington-based organization that represents the collective interests of professional foreign exchange industry participants. The group is designed to engage 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
Insight Investment Joins FXPA as Advisory Member
The Foreign Exchange Professionals Association (FXPA) is pleased to announce the addition of Insight Investment, a global asset and risk manager headquartered in London, as the newest member to the industry association. FXPA represents the collective interests of the institutional FX market to advance a sound, liquid, transparent and competitive global currency market to policymakers and the marketplace through education, research and advocacy.
Insight’s membership is represented by Richard Turner, Senior Trader at Insight. Turner said: “I am looking forward to working with our industry peers at FXPA, addressing topics of particular interest to the buy side, as well as advancing best practices for all FX market participants.”
“We are excited to gain Richard’s input into a variety of topics that FXPA will be addressing in 2023,” adds Chair, Susan Dauber, Head of Legal & Regulatory at Euronext FX and Chairperson of Euronext Markets Singapore. “Insight Investment’s presence will further add an important dimension to the scope of our work.”
The FXPA is the only industry body that represents a diverse cross-section of the institutional FX marketplace. 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 industry participants. The group is designed to engage 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
Insight Investment is a leading global investment manager, founded in 2002 and headquartered in London. Insight primarily manages money for pension schemes by providing liability-driven investment strategies and investing in fixed income and currency and multi-asset. More information about Insight Investment can be found at: www.insightinvestment.com
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
FXPA Elects 2021 Board of Directors, Officers
The Foreign Exchange Professionals Association (FXPA) is announcing the results of its annual elections for Officers and Board Members for 2021, including the re-election of Chip Lowry, Senior Managing Director of State Street Global Markets, as Chair; Jill Sigelbaum, Head of FXall at Refinitiv, as Vice Chair; Jordan Barnett, MD, Global Head of Program Trading at BNY Mellon Global Markets as Secretary; and Paul Houston, Global Head of FX at CME Group as Treasurer.
In addition to the officer positions, which form the Executive Committee, the following were elected to the Board to serve two-year terms: Tod Van Name, Global Head of FX Electronic Trading, Bloomberg; Jordan Barnett, MD & Global Head of Program Trading, BNY Mellon Global Markets; Paul Houston, Global Head of FX, CME Group; Kevin Wolf, CEO, Euronext FX; and Trabue Bland, President, ICE Futures.
“With the recent US Presidential and Congressional transitions, 2021 poses unique risks to and opportunities for the FX markets, providing the FXPA the chance to ramp up meaningful engagement with legislators and regulators around the world,” says Lowry.
The new Board members join existing members: Lauren Rosborough Watt, Economics & Investment Manager, CalPERS; Jon Watras, Director FX Sales, EMEA, Cboe FX Markets; Tahreem Kampton, Senior Director, Microsoft; Christopher Matsko, Head of FX Trading Services, Portware; Jill Sigelbaum, Head of FXall, Refinitiv; KC Lam, Head of FX and Rates, Singapore Exchange (SGX); Chip Lowry, Senior Managing Director, State Street Global Markets.
The FXPA is the only industry body that represents a diverse cross-section of the institutional FX marketplace. Since 2014, the FXPA has established itself as a respected industry thought leader and resource for global policymakers.