The Global Financial Markets Association (GFMA) was created in 2009 to represent the securities and financial markets industry at the international level. It serves as an umbrella group for three regional organizations:
* the
Securities Industry and Financial Markets Association
The Securities Industry and Financial Markets Association (SIFMA) is a United States industry trade group representing securities firms, banks, and asset management companies. SIFMA was formed on November 1, 2006, from the merger of the Bond Mar ...
(SIFMA), based in
New York
New York most commonly refers to:
* New York City, the most populous city in the United States, located in the state of New York
* New York (state), a state in the northeastern United States
New York may also refer to:
Film and television
* '' ...
and
Washington DC
)
, image_skyline =
, image_caption = Clockwise from top left: the Washington Monument and Lincoln Memorial on the National Mall, United States Capitol, Logan Circle, Jefferson Memorial, White House, Adams Morgan, ...
* the
Association for Financial Markets in Europe
The Association for Financial Markets in Europe (AFME) is an industry advocacy organization that represents wholesale market participants in Europe, including the European Union and the United Kingdom. It was formed in 2009 by the merger of the Lo ...
(AFME), based in
Brussels
Brussels (french: Bruxelles or ; nl, Brussel ), officially the Brussels-Capital Region (All text and all but one graphic show the English name as Brussels-Capital Region.) (french: link=no, RĂ©gion de Bruxelles-Capitale; nl, link=no, Bruss ...
,
Frankfurt
Frankfurt, officially Frankfurt am Main (; Hessian: , "Frank ford on the Main"), is the most populous city in the German state of Hesse. Its 791,000 inhabitants as of 2022 make it the fifth-most populous city in Germany. Located on its na ...
and
London
London is the capital and largest city of England and the United Kingdom, with a population of just under 9 million. It stands on the River Thames in south-east England at the head of a estuary down to the North Sea, and has been a majo ...
* the
Asian Securities Industry and Financial Markets Association The Global Financial Markets Association (GFMA) was created in 2009 to represent the securities and financial markets industry at the international level. It serves as an umbrella group for three regional organizations:
* the Securities Industry and ...
(ASIFMA), based in
Hong Kong
Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...
.
The GFMA is one of the main channels of lobbying and advocacy for the financial services industry at the global level. It often takes policy positions together with peers such as the
Financial Services Forum
The Financial Services Forum is an American, non-partisan economic policy and advocacy organization whose members are the chief executive officers of the eight largest and most diversified financial institutions headquartered in the United States ...
,
Futures Industry Association
The Futures Industry Association (FIA) is a trade association in the United States composed of futures commission merchants. A futures commission merchant is analogous to a broker; they are entities that accept orders and payment for commodity fu ...
,
International Securities Lending Association
The International Securities Lending Association (ISLA) is an industry association representing the common interests of securities lending and financing market participants across Europe, Middle East and Africa. Its geographically diverse membersh ...
,
Bank Policy Institute
The Bank Policy Institute (BPI) is an American financial services lobbying and advocacy organization, based in Washington, D.C.
The Bank Policy Institute was formed in July 2018 by the merger of two older lobbying groups, the Financial Services ...
,
International Capital Market Association
The International Capital Market Association or ICMA is a self-regulatory organization and trade association for participants in the capital markets.
ICMA stated aims are to promote high standards of market practice, appropriate regulation, trad ...
,
Institute of International Finance
An institute is an organisational body created for a certain purpose. They are often research organisations (research institutes) created to do research on specific topics, or can also be a professional body.
In some countries, institutes can ...
, and
International Swaps and Derivatives Association
International is an adjective (also used as a noun) meaning "between nations".
International may also refer to:
Music Albums
* ''International'' (Kevin Michael album), 2011
* ''International'' (New Order album), 2002
* ''International'' (The T ...
. Its research is frequently cited in financial services policy debates, even though as a trade body it may not always be viewed as providing a neutral point of view.
The GFMA's secretariat is provided on a rotating basis by the three regional organizations on two-year terms. In March 2022, , Chief Executive of the
Association for Financial Markets in Europe
The Association for Financial Markets in Europe (AFME) is an industry advocacy organization that represents wholesale market participants in Europe, including the European Union and the United Kingdom. It was formed in 2009 by the merger of the Lo ...
, became chief executive of GFMA on a two-year term.
See also
*
Investment banking
Investment banking pertains to certain activities of a financial services company or a corporate division that consist in advisory-based financial transactions on behalf of individuals, corporations, and governments. Traditionally associated wit ...
*
Broker-dealer
In financial services, a broker-dealer is a natural person, company or other organization that engages in the business of trading securities for its own account or on behalf of its customers. Broker-dealers are at the heart of the securities and d ...
*
Stock market
A stock market, equity market, or share market is the aggregation of buyers and sellers of stocks (also called shares), which represent ownership claims on businesses; these may include ''securities'' listed on a public stock exchange, as ...
Notes
Finance industry associations
Bankers associations
Lobbying organizations
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