Global Markets Exchange Group Limited (GMEX) announced today that it has become a member of the Swiss Futures and Options Association (SFOA). GMEX is authorised and regulated by the UK Financial Conduct Authority (FCA) to operate GMEX Exchange. GMEX is a wholly-owned subsidiary of GMEX Group.
Hirander Misra, CEO of GMEX Group commented, “Joining the SFOA is part of our strategy to engage with a wider internationally diverse audience with emphasis on both developed and emerging derivatives markets aligning to GMEX Group’s core focus areas.” He added, “We look forward to highlighting the benefits of GMEX Exchange, with its pioneering interest rate swap constant maturity futures products (IRS CMF), to a global audience as well as helping to promote the partnership driven approach of GMEX Technologies when collaborating with emerging markets exchanges across the world on business and technology initiatives to drive their growth.”
Dan Day-Robinson, Executive Director SFOA, stated, “As the only truly independent international Association representing the derivatives markets and based in a neutral country, we are delighted to welcome GMEX as a member and look forward to GMEX playing an active role in the Association, adding to the high quality of discussion between members throughout the year but especially at the Burgenstock conference in September”.
SFOA is expanding its membership to include new markets with innovative products, keeping the association moving forward as the derivatives world evolves as a result of regulatory change and the resulting creation of new opportunities. SFOA’s international membership covers the full range of derivative market participants from the buy side, banks, brokers, futures trading houses and market infrastructure bodies such as exchanges, vendors, regulators and market associations.
