ACI FMA Named New Foreign Exchange Committee Leaders
Financial firms should note these leadership shifts as the committee continues its industry objectives.
Updated on Sept. 29, 2026 in People
Live Poll
Do you believe professional trade associations effectively improve standards in the financial industry?
The ACI FMA appointed Hugh Whelan as Chair of the Foreign Exchange Committee, with Jon Healey returning as Vice Chair. These leadership changes will guide the committee in its ongoing activities and strategic initiatives for the global trading community.
Why it matters
The appointments maintain continuity for the committee's objectives as it navigates liquidity and data standards in the foreign exchange market. These leadership roles are central to influencing the protocols and practices used by firms operating in global trading environments.
The new leadership brings deep industry experience, including an 11-year tenure at EBS and a 3-year stint as a co-founder of FXSpotStream. These appointments impact the Foreign Exchange Committee's oversight of ongoing market activities.
The players
Hugh Whelan
The current President of ACI UK and Head of Liquidity Management and Data Strategy at SGX FX.
Jon Healey
The returning Vice Chair of the Foreign Exchange Committee who served as Interim Chair during the transition.
ACI FMA
A global association of wholesale financial market professionals that sets standards and ethics for the trading industry.
SGX FX
A major provider of foreign exchange trading and liquidity services.
The details
The ACI FMA transitioned leadership after Jon Healey served as Interim Chair. Hugh Whelan, who currently leads Liquidity Management and Data Strategy at SGX FX, will now coordinate with existing committee members to advance established objectives. This leadership structure oversees the integration of data strategies and liquidity management protocols that shape broader institutional trading standards.
Timeline
• September 29, 2026: The ACI FMA announced the leadership appointments.
• 2024: Hugh Whelan joined SGX FX.
Market Landscape
These appointments follow the ACI FMA Foreign Exchange Committee transition period where interim leadership managed the body. The move signals a return to permanent oversight structures as the industry continues to refine liquidity and data standards.
Operators managing liquidity or trading desks should monitor future committee output for shifts in data standards and market protocols. Firms should review their own internal compliance strategies to ensure alignment with any evolving guidance from this committee.
The takeaway
The leadership change provides a clear point of contact for firms tracking the ACI FMA's ongoing objectives. Management should watch for upcoming committee publications to identify changes in the technical protocols governing liquidity management.
Further reading
For broader insight into executive shifts, visit the People section.
Source note: This article includes information reported by Finance Magnates.
Live Poll
Do you believe professional trade associations effectively improve standards in the financial industry?
