The Foreign Exchange Professionals Association (FXPA) has announced the addition of HC Technologies as the newest Supporting Member of the FX trade group.
The latest addition follows the recent inclusion of Jump Trading as a Governing Council member, and brings the total number of FXPA institutional members to 24.
HC Technologies is an algorithmic proprietary trading firm which unites individuals with innovative technology and robust risk management to identify trading opportunities in diverse asset classes within the global marketplace.
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Joe Niciforo, Managing Partner of HC Technologies, commented: “HC Technologies is pleased to support the FXPA in its efforts to promote discussion between regulators and market participants in the ever-changing global FX environment”.
The FXPA’s aim is to represent the breadth of the industry’s views to those in legislative and regulatory policymaking roles in an effort to educate and support those with oversight of our markets.
Launched in September 2014, the association is comprised of a cross-section of the institutional FX industry. Diversity of membership is embedded in FXPA’s organisational construct to ensure wide representation of the professional FX market.
Founding members including the buy side, exchanges, clearing houses, trading platforms, technology companies, banks and non-bank market participants.