The UK’s Financial Conduct Authority (FCA) has named the 25 individuals making up its latest secondary markets advisory committee.
Daniel Mayston and Edward Wicks
Members will serve for a two-year period between June 2024 and June 2026.
Key buy-side members include Daniel Mayston, head of e-trading and market structure at BlackRock, Edward Wicks, global head of trading at LGIM, Tom Lee, head of trading at Hargreaves Lansdown, and Frances Ritter, Equity Index Group portfolio manager and trader at Vanguard Asset Management.
Members hailing from sell-side include Kate Finlayson, manging director at JP Morgan, Eleanor Beasley, managing director at Goldman Sachs, Chris Dickens, head of non-financial risk, markets and securities services at HSBC Bank, Virginie Saade, head of government and regulatory policy, EMEA at Citadel.
As well as Elisa Menardo, deputy head, governmental affairs, EMEA at UBS, Hans Buehler, co-CEO at XTX Markets, Peter Whitaker, head of Europe/Asia market structure at Jane Street, and Maria Salamanca Meija, executive director, EMEA head of market structure at Morgan Stanley.
The committee is aimed at supporting the watchdog’s work across equities, fixed income, foreign exchange, and commodities across the scope of securities, futures, swaps, and options markets. Specifically, the members will assist through developing reforms focused on improving market competition, increasing customer protection and enhancing market integrity.
In addition, the committee will provide data and analysis to support policy reform as well as identifying key market developments which have the potential to affect the proper functioning of secondary markets.
The FCA has also appointed experts hailing from various trading venues, such as: Nick Dutton, chief regulatory officer at CBOE Europe, Kristina Combe, chief regulatory and compliance officer at LME Group, Laurence Walton, head of regulation and compliance at ICE Futures Europe, and Jessica Morrison, head of market structure and quantitative analysis at London Stock Exchange Group.
Mel Gunewardena, senior advisor to Nikhil Rathi, FCA chief executive is set to chair the committee, working closely with director of infrastructure and exchanges, Jon Relleen and the FCA’s trading policy team.
Other members include Arran Rowsell, head of strategy at BGC, Carla Grundy, EMEA head of trading venues and market infrastructure at TP ICAP, Rosie Murphy Williams, chief oversight officer, EMEA/global controls at The Bank of New York Mellon, and Gary Chia-Hsing Li, head of regulatory affairs, EMEA and APAC at MarketAxess.
Making up the remainder of the committee are: Jennifer Keser, managing director, head of regulation and market structure at Tradeweb, Kirston Winters, chief risk officer at OSTTRA, Judy Barrage, head of regulation and trade controls – trading and supply – at Shell International Trading and Shipping Company, Anne Plested, head of regulation change at ION Markets, and Rebecca Healey, managing partner – capital markets consultant at Redlap Consulting.