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    Profile of registrant

Wholesale Market Brokers Association

Identification number in the register: 71374683216-48
Registration date: 14/02/2010 20:43:15

The information on this entity was last modified on: 20/01/2014 10:30:17
The date of the last annual update was: 20/01/2014 10:30:17

This entry follows the format of the previous Register. It will be changed to the new format when the entity makes the next update.
Next update due latest on: 27/04/2015

    Registrant : Organisation or self-employed individual

Wholesale Market Brokers Association

WMBA

Trade Association

    Section of registration

II - In-house lobbyists and trade/professional associations

Trade, business & professional associations

    Contact details

Warnford Court, 29
Throgmorton Street
London EC2N 2AT
UNITED KINGDOM

(+44) 207 947 4900

(+44) 203 292 1592

WMBA member firms are global Wholesale Market Brokers providing, inter-alia, OTC intermediation services in the cash and derivative Rate, Credit, Foreign Exchange, Equity and Commodity marketplaces. Our members collectively have a physical presence in all major financial capitals globally as well as many secondary financial centres and provide intermediation services to, among others, customers in all 27 EU member states. Furthermore, WMBA members firms arrange the vast majority of OTC derivative transactions executed daily around the world.

WMBA member firms are limited activity firms that act as non risk-taking intermediaries with a principal client base made up of global banks, primary dealers, leading regional banks, government agencies, asset managers, oil companies and energy generators/utilities. Our primary function is to source, develop, manage and publicise liquidity pools for our customers to assist them in their global risk mitigation processes.

The WMBA and its member firms are in agreement with, and supportive of, the introduction of the OTF category under MiFIR as this proposed regime closely describes the current business model of WMBA members which has been successfully operational across global markets for over 50 years.

    Person with legal responsibility

Mr  Alexander McDonald

CEO

    Person in charge of EU relations

Mr  Alex McDonald

CEO

    Goals / remit

Well functioning of OTC Derivatives and Energy/Emmissions/Commodity Derivatives markets. MiFID. Basle Accord.

  • European
  • global

    Activities

OTC Derivatives, Energy, Internal Market, Transparency, MiFID, Basle

    Number of persons involved in the activities described in the box above

7

    Persons accredited for access to European Parliament premises

No accredited persons

    Fields of interest

  • Economic and Financial Affairs
  • Energy
  • Internal Market
  • Trade

    Membership and affiliation

    Financial data

01/2011  -  12/2011

< 50,000  €

0 €

0 €

EUR 90,000 - 120,000

    Code of conduct

By its registration the organisation has signed the Transparency Register Code of Conduct.