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Scotiabank has become the latest member of the FX initiative of the Global Financial Markets Association (GFMA). The Global FX Division is aiming to reinforce its broard with a representative from the Canadian bank.
The total amount of members of the Global FX division now totals to 25, which according to the organization is more than 85 per cent of the foreign exchange dealer market.
New Chair of the Board of the Global FX Division
In addition to Scotiabank, a reshuffling at the GFXD has resulted in the appointment of JPMorgan’s Claudia Jury, who is Managing Director and co-head of Currencies & Emerging ... (read more)