The Foreign Exchange Professionals Association (FXPA), a Forex trade body that commenced operations in September 2014, on Wednesday announced the addition of one new member.
FXSpotStream, a provider of multibank FX aggregation services, has joined FXPA as an Associate Member.
“As a bank-owned consortium bringing greater transparency and efficiencies to the FX market, FXSpotStream is pleased to join the Foreign Exchange Professionals Association and support its goals of ensuring a sound, transparent and competitive marketplace,” says Alan Schwarz, CEO, FXSpotStream.
“This is a crucial time for our markets, and FXPA is taking a proactive approach. By coming together and collectively educating key regulators and policy makers, the news media and general public, FXPA aims to play a constructive role in helping to shape the future of the FX market. We welcome the addition of FXSpotStream to our growing membership,” says an FXPA spokesperson.
The FXPA is a Washington, DC-based organization which represents the collective interests of the full array of professional foreign exchange industry participants. The group was established to engage key regulators, policymakers, the news media and general public through education, research and advocacy, to advance a sound, liquid, transparent, and competitive global currency market.
To view the full announcement from the FXPA, click here.