Alexander McDonald has been CEO of Wholesale Market Brokers Association (“WMBA”) and the London Energy Brokers Association (“LEBA”) since 2009. The trade association promotes and enhances the value and competitiveness of wholesale markets trading venues, platforms and arranging intermediaries. It provides members with co-ordination and a common voice to foster and promote liquid, transparent and fair markets. As a highly respected focal point for the industry, WMBA/LEBA deliver a clear and certain channel of communication with central banks, governments, policy makers and regulators.

WMBA/LEBA member firms are global and wholesale venues and intermediaries, providing services and arranging transactions in the cash and derivative Rate, Credit, Foreign Exchange, Equity and Commodity marketplaces [see notes[i] for details]. He currently also holds a CF50 permission as Benchmarks Administrator to two Specified Indices in the UK, SONIA and RONIA.

Prior to joining WMBA, Alex has spent his career as Managing Director in the Treasury and Trading divisions of JP Morgan, Goldman Sachs and Credit Suisse, before moving into Fund Management where he worked for Bluecrest, Olea and BSAM as either Portfolio Manager or Principle. He holds an MA from Cambridge University in Geophysics/Geochemistry. [see notes[ii] for details].

He has over twenty years of experience as a market maker, franchise leader, macro trader and portfolio manager, focusing on risk in commodities, fixed-income and currencies worldwide. Additionally, he was a Director, in charge of Emerging Markets and currency trading at CSFB for eight years, and prior to that he was Executive Director at Goldman Sachs on their fixed-income proprietary trading desk. He joined JP Morgan in 1988 and subsequently traded with and managed their futures, fixed income arbitrage and FX teams.