As the largest financial market worldwide, the foreign exchange (FX) market is critical to supporting international trade, investment, and finance. Given its significant role, it is important to deeply understand and analyze developments in the market.
On Monday, November 16, 2026, the Federal Reserve Bank of New York will host its third annual FX Market Structure Conference. This year's program will build upon the themes of previous conferences and expand on topics related to the most current developments in the FX market landscape.
The conference will feature opening remarks from New York Fed President and CEO John Williams, a keynote address from Head of the Markets Group Anna Nordstrom, and several panel sessions.
November 16, 2026
9:00am-4:30pm
Federal Reserve Bank of New York
33 Liberty Street
New York, NY
In-person attendance is by invitation only. This event will also be available virtually, please register for the livestream below.
This event is open to the media in-person and virtually. All remarks will be on the record, with a recording to be made available afterwards. Media who wish to attend must register by contacting Shelley Pitterson at the New York Fed at Shelley.Pitterson@ny.frb.org.
- Subrina Lashenko, Federal Reserve Bank of New York
- Martin Prusinowski, Federal Reserve Bank of New York
- Fabiola Ravazzolo, Federal Reserve Bank of New York
- Dan Reichgott, Federal Reserve Bank of New York
| 8:00am-9:00am | Check-In and Breakfast |
| 9:00am-9:05am | Welcome Remarks Dan Reichgott, Federal Reserve Bank of New York |
| 9:05am-9:15am | Opening Remarks John Williams, Federal Reserve Bank of New York |
| 9:15am-9:30am | Keynote Address Anna Nordstrom, Federal Reserve Bank of New York |
| 9:30am-10:15am | Panel 1: Current Macro Environment’s Impact on FX Trading Activity Moderator: Pertshuhi Torosyan, Federal Reserve Bank of New York Panelists: Carolina Crevatin Martin, Danske Bank Akiko Hayata, Payden & Rygel Christopher Pizzotti, State Street David Silberman, J.P Morgan Raphael Vives, Banque de France |
| 10:15am-10:30am | Break |
| 10:30am-11:15am | Panel 2: Key Trends in FX Liquidity and Price Discovery Moderator: Dan Reichgott, Federal Reserve Bank of New York Panelists: Sally Francis Cole, London Stock Exchange Group Kate Finlayson, J.P. Morgan Lukas Frei, Swiss National Bank Tom Gentile, Crabel Capital Management |
| 11:15am-12:00pm | Panel 3: A Conversation with the Global FX Committee's Leadership Moderator: Lisa Chung, Federal Reserve Bank of New York Panelists: Manuel Mondedeu, CIBC Capital Markets Bernard Wee, Monetary Authority of Singapore |
| 12:00pm-1:30pm | Networking Lunch |
| 1:45pm-2:30pm | Panel 4: FX Derivatives: An Update on Structural Dynamics Moderator: Will Burchell, Federal Reserve Bank of New York Panelists: Steve Doviak, Morgan Stanley Richard Leader, FXSwapX Miroslav Vucetic, Citi |
| 2:30pm-3:15pm | Panel 5: A Lawyer's Guide to the FX Landscape Moderator: Shawei Wang, Federal Reserve Bank of New York Panelists: Ann Battle, International Swaps and Derivatives Association Maria Douvas, Morgan Stanley Tyler Wellensiek, BlackRock Michael Wirgin, HSBC |
| 3:15pm-3:30pm | Break |
| 3:30pm-4:15pm | Panel 6: Innovation and the Future of FX Markets Moderator: Fabiola Ravazzolo, Federal Reserve Bank of New York Panelists: Richard de Roos, Standard Bank Group Luis Sampaio, J.P. Morgan Chris Zuehlke, Cumberland |
| 4:15pm-4:20pm | Closing Remarks Lisa Chung, Federal Reserve Bank of New York |
| 4:30pm-6:00pm | Reception |
