US FX Committee Issues Annual Report Detailing Extensive Work On Issues

- By FX Markets Staff
- @FXMarkets_
- 20 May 1996

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The US Foreign Exchange Committee released its 140-page annual report for 1995, detailing projects covering trading practices, market structure and risk management. In addition to several new members, the FX Committee, which advises the Federal Reserve Bank of New York on FX market related issues, also named John Finigan of Bankers Trust as its new 1996 chairman, replacing Lewis (Woody) Teel of Bank of America.

Among its most significant accomplishments in 1995, Teel's chairman's report notes, is

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