The Foreign Exchange Professionals Association (FXPA) held elections last Friday, February 10th for it’s first permanent Board of Directors and Officers. The new FXPA Executive Committee includes: Chair Eric Busay, Portfolio Manager, CalPERS; Vice Chair Adam Cooper, Senior Managing Director and Chief Legal Officer of Citadel LLC; Treasurer Sean Tully, Senior Managing Director, Financial and OTC Products, CME Group; and Secretary William K. Goodbody, Jr, Managing Director, COO & Head of Sales of KCG Hotspot (now BATS Hotspot).
In addition to Chair Busay and Vice Chair Cooper, the 12-member Board of Directors includes: Michael Curran, Executive Vice President, Head of Global Foreign Exchange, BNY Mellon; Kevin Cudahy, Bloomberg Tradebook FX; Mike Harris, President, Campbell & Company; Stephen Komon, Senior Portfolio Manager and Trader at Colorado PERA; Dmitri Galinov, CEO, FastMatch; David Goone, Chief Strategy Officer, Intercontinental Exchange (ICE); David Holcombe, Head of FX Product, Nasdaq; Jill Sigelbaum, Global Head of Foreign Exchange & Alliances, Traiana; and John Shay, Partner, Transaction and Technology Services, Virtu Financial. The twelfth member will be announced at a later time.
FXPA now has 20 institutional members. In addition to those serving on the Board and in Officer roles, Founders’ Council members include Jamie Singleton, Chairman and CEO, Cürex; Mark Sandomeno, Manager, GFI Emerging Markets, GFI Group; Vikas Srivastava, Managing Director, Business Development, Integral Development Corp; Gavin Wells, Global Head of CDSClear & ForexClear, LCH.Clearnet; Patrick Bartle, Global Head of FX Strategy, LMAX Exchange; and Michael Syn, Executive Vice President, Derivatives, SGX.
To ensure proper representation of the market, the Board is comprised of a maximum of two representatives from each of seven categories, including: dealers/banks; buy side/asset managers; exchange trading platforms and clearing houses; non-exchange trading platforms; non-bank market participants/principal traders; technology companies/providers; and end users.
FXPA launched on September 25, 2014 with an aim to engage key US and international regulators, policymakers, the general public and news media through a combination of education, research and advocacy to advance a sound, liquid, transparent and competitive global currency market.
To find out how you can support the FX industry through education, research and advocacy, visit the FXPA website.