Foreign Exchange Membership

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Foreign Exchange membership

Find out about the aims and priorities of the Global Financial Markets Association (GFMA) Foreign Exchange membership.

The Global FX Division of the Global Financial Markets Association (GFMA) promotes efficiency and international convergence of regulation in the global FX market – the world’s largest financial market.

It has taken a leading role in discussions with multiple jurisdictions around clearing, execution and reporting consultations, and a proactive role in ensuring the industry meets enhanced transparency requirements driven by the G-20. It has also been heavily involved in efforts to enhance conduct in the market place, supporting the work of both the BIS and the UK FMSB.

The Division is global and represents the FX interests of the three GFMA bodies – AFME, SIFMA and ASIFMA.

The Global FX Division is a stand alone division, with 25 members, accounting for approximately 85% of the global FX dealer market.

Find out more about the Global FX Division,