The Foreign Exchange Professionals Association (FXPA), a Forex trade body that started operations about a year ago, today announced that it has gained one more institutional member – Thomson Reuters Corp (NYSE:TRI).
The addition of Thomson Reuters, which is now a Full Member of the body, takes the number of institutional members of FXPA to 23.
“As a leading independent provider of FX transaction venues, Thomson Reuters actively supports cross-industry initiatives such as FXPA to ensure a sound, liquid, transparent and competitive FX market. Now more than ever, transparency and fairness are values that need to be upheld by everyone in the FX industry. Working closely with the FXPA group, Thomson Reuters will continue its work to help the industry raise standards across all areas of the market,” says Phil Weisberg, Global Head of FX, Thomson Reuters.
FXPA is a Washington-based organization which represents the collective interests of professional Forex industry participants. The group seeks to engage key regulators and policymakers through education, research, and advocacy, with the goal of promoting a sound, liquid, transparent and competitive global currency market.
To view the official press release, click here.