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Foreign Exchange Committee

The Foreign Exchange Committee, FXC, Founded in 1978 the Foreign Exchange Committee is an industry group that provides guidance and leadership to the global foreign exchange market. The FXC includes representatives of the major financial institutions engaged in foreign currency trading in the United States and is sponsored by the Federal Reserve Bank of New York. Past Committee members include: John Spurdle of JP Morgan, Jeff Feig of Citigroup, Lloyd Blankfein of Goldman Sachs, Paul Kimball of Morgan Stanley, Michael deSa of Deutsche Bank, Robert Savage of American Express, Mark De Gennaro of Lehman, and John Key, the current prime minister of New Zealand.

The FXCs objectives include:

 

 

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