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Strengthening Principles & Code of Conduct Standards in FX Markets

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Members of the FXWG

The Foreign Exchange Working Group (FXWG) is made up of both FX Market Participants and Central Banks from 16 jurisdictions around the world.

“The Global Code should serve as an essential reference for Market Participants when conducting business in the wholesale FX Markets and when developing and reviewing internal procedures”

Phase 1: Material for Global FX Code May 2016, FXWG

August 2016

Members of the FXWG

The Foreign Exchange Working Group (or FXWG for short) was established in July 2015 and is a committee comprised of FX Market Participants as well as Central Banks from a number of jurisdictions. Market Participants include banks, buy-side firms, market infrastructures, family offices, trading platforms, algorithmic trading firms, investment advisers, brokers and other non-bank participants.

The latest members of the FXWG are as follows:

FXWG Foreign Exchange Market Participants include:
















FXWG Central Bank Member Institutions include:









Related Reading:

02.08.15 Members of the Foreign Exchange Working Group

FX Market News

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  • Tony Adams, Colonial First State Investments Ltd
  • Chris Allen, Barclays
  • Hiroaki Aoyama, Mizuho Bank
  • Marshall Bailey, ACI
  • Cédric Beaurain, Société Générale
  • James Bindler, Citi
  • Adrian Boehler, BNP Paribas
  • Justin Chan, The Hongkong and Shanghai Banking Corporation Limited
  • Cui Qi, China Foreign Exchange Trade System
  • Huw Evans, UBS
  • Charles Feng, Standard Chartered Bank (Hong Kong) Limited
  • Patrick Fleur, PGGM
  • Alex Gerko, XTX Markets
  • James Harvey, Rolls-Royce
  • Darryl Hooker, EBS
  • Hirochika Iwadare, Bank of Tokyo-Mitsubishi UFJ


  • Hyun Soo Jo, Industrial Bank of Korea
  • Hugh Killen, Westpac
  • Han Young Ko, Seoul Money Brokerage Services, Inc
  • Claas Carsten Kohl, Airbus Group
  • Chee Kin Lam, DBS Group Holding Ltd
  • Russell Lascala, Deutsche Bank
  • Joseph A Molluso, Virtu Financial
  • Ed Monaghan, RBC
  • Stina Norrhede, SEB
  • S S Pradhan, State Bank of India
  • Troy Rohrbaugh, JPMorgan
  • Gilberto Romero, Banco Ve por Más
  • Lisa Scott Smith, Millennium Global
  • Marco Antonio Sudano, Banco Itau BBA
  • Sun Wei, China CITIC Bank
  • Christopher Vogel, BlackRock
  • Phil Weisberg, Thomson Reuters

(Source: BIS.org 02 August 2016)

  • Reserve Bank of Australia
  • Central Bank of Brazil
  • Bank of Canada
  • State Administration of Foreign Exchange (China)
  • Bank of France
  • European Central Bank
  • Hong Kong Monetary Authority
  • Reserve Bank of India
  • Bank of Japan
  • Bank of Korea
  • Bank of Mexico
  • Monetary Authority of Singapore
  • Sveriges Riksbank
  • Swiss National Bank
  • Bank of England
  • Federal Reserve Bank of New York

(Source: BIS.org 02 August 2016)