FIA Onboards Greg Wood as VP Global Industry Operations & Technology

The Washington-based trade association, the Futures Industries Association (FIA), has appointed the industry veteran Greg Wood, whose previous experience includes senior roles at Credit Suisse and most recently Deutsche Bank Securities, in the capacity of Senior Vice President of Global Industry Operations & Technology.

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The hiring is part of FIA’s plans to expand its key strategic relationships with various constituencies in the industry.

Greg will be focused on identifying and managing member and industry operational, Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term and market structure issues, and guiding the development of FIA’s operational and technical solutions.

Mr. Wood has been instrumental in driving FIA’s activities for more than ten years. He contributed to FIA responses over proposed regulations from the U.S. Commodity Futures Trading Commission (CFTC). As an FIA member, he served on the watchdog’s Technology Advisory Committee and testified before Congress on Regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and manipulation. Each asset class has its own set of protocols put in place to combat their respective forms of abuse.In the foreign exchange space, regulation is assumed by authorities in multiple jurisdictions, though ultimately lacking a binding international order. Who are the Industry’s Leading Regulators?Regulators such as the UK’s Financial Conduct Authority ( Read this Term of automated trading.

Wood has been a board member of the division since 2011. Additionally, he held a succession of increasingly senior positions including president of FIA’s Market Technology Division from 2012 to 2015.

Previously, he also assumed responsibility for FIA’s business in regional areas of focus, having worked in Sydney for a number of years overseeing projects across the Asia Pacific region.

Greg will be based out of the group’s headquarters in Washington, D.C. and will start his new role effective two weeks later.

Announcing the appointment, Walt Lukken, president and CEO of FIA, said: “On behalf of the FIA board and staff, I am thrilled to welcome Greg to this role. He has an impressive resume that includes years of trading experience, advocacy work, and industry thought leadership. He brings a thorough understanding of market structure and cleared derivatives issues as well as extensive knowledge of algorithmic trading and technology solutions. I’m looking forward to having him on our team.”

Speaking on his appointment, Wood stated: “As an industry participant, I’ve been deeply engaged in FIA’s work for years because I see the value in having a central source of best practices, data-driven policy analysis, and industry resources. Joining FIA’s staff gives me the opportunity to expand upon the work I’ve been doing, allowing me to devote my full attention to solutions that benefit the entire cleared derivatives industry.”