About Us

The Wholesale Markets Brokers’ Association Americas (WMBA Americas)

is an independent industry body representing the largest inter-dealer brokers (IDBs) operating in the North American wholesale markets across a broad range of financial products.

The WMBA and its member firms have developed a set of Principles for Enhancing the Safety and Soundness of the Wholesale, Over-The-Counter Markets.

Using these Principles as a guide, the association seeks to work with Congress, regulators, and key public policymakers on future regulation and oversight of over-the-counter (OTC) markets and their participants.

By working with regulators to make OTC markets more efficient, robust and transparent, the association sees a major opportunity to assist in the monitoring and consequent reduction of systemic risk in the country’s capital markets.

Executive Board

Bill Shields, GFI (Chairman, WMBAA)

Stephen Merkel, BGC Partners (Vice Chairman, WMBAA)

Shawn Bernardo, Tullett Prebon

Scott Fitzpatrick, Tradition

Ed Brown, ICAP

Nick Brown , GFI

Mike Sulfaro, BGC Partners

Brian Donnelly, Tullett Prebon

Jeff Mehan, Tradition