Foreign Exchange

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Foreign Exchange

The Global FX Division of the GFMA is committed to promoting an efficient, robust and well-functioning global FX market.

The Global FX Division has 25 members, accounting for approximately 80% of the global FX inter-dealer market.

Key Priorities

  • Voice of the industry – promoting confidence in the FX market and its practices and enhancement of standards.
  • Working for members and market participants – continued focus on ensuring a well functioning, efficient and cost effective global FX market for all end users, acting as a central forum for discussion, supporting members on implementation of new regulations, enhancing consistency and compliance.
  • Regulator engagement – building relationships with international regulators, promoting the role of FX markets in a well functioning economy, ensuring regulation is appropriate, providing a flow of information regarding international regulation and its impact on the FX markets - drafting and coordinating central responses, pushing for consistency and harmonisation. 
  • Looking to the future – leading key industry initiatives for the benefit of all market participants with a goal of increasing efficiency and reducing costs, identifying areas where new technology may provide opportunities for market development.

Learn more about GFMA Foreign Exchange


To mark the launch of the FX Global Code on 25 May 2017, the GFMA Global FX Division, in conjunction with the Investment Association, the ACI and a number of other trade bodies, hosted an evening panel session with some of the key figures behind the development of the Code.

James Kemp

Managing Director

+44 (0)20 3828 2705

Andrew Harvey

Managing Director - Europe

+44 (0)20 3828 2694

Fiona Willis

Manager, Global FX and Compliance

+44 (0)20 3828 2739