Fidelity International Joins FXPA

The Foreign Exchange Professionals Association (FXPA) has announced the addition of asset management firm, Fidelity International, represented by Nigell Todd, head of global FX trading, as an advisory member.

The addition of Fidelity International further broadens FXPA’s unique membership base, the association says – it recently added software development firm Atlassian to its ranks and earlier this year asset manager Insight Investment also joined. FXPA was formed in 2014 to represent the collective interests of the institutional FX market and advance a sound, liquid, transparent and competitive global currency market to policymakers and the marketplace through education, research, and advocacy.

“FXPA’s work in areas that impact buy side traders of FX is what attracted me to the association,” says Todd. “FXPA’s recent focus on the FX implications for buy side traders given next year’s planned move to T+1 settlement for US and Canadian equities has been of particular interest. We look forward to working with industry colleagues from across the market landscape on this important issue.”

FXPA Chair, Susan Dauber, head of legal & regulatory at Euronext FX and chairperson of Euronext Markets Singapore, adds, “We are thrilled to gain Nigell’s input on a variety of issues that our working groups are tackling this year. We welcome Nigell and his colleagues at Fidelity International into this intentionally diverse organisation.”