ACI’s Woolcock replaces Bailey on MPG

ACI council votes to appoint Woolcock as representative on Market Participants Group

Marshall Bailey: his resignation was effective October 31

David Woolcock will be replacing Marshall Bailey as the ACI representative within the Market Participants Group (MPG), FX Week has exclusively learned.

Sources familiar with the matter say the ACI, the international association of wholesale financial market participants, voted in October to replace Bailey at its autumn council meeting in Belgrade.

The MPG is the private sector arm that supports the Bank for International Settlements' FX Working Group that is drafting the new Global Code of

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