Receive the competitive pricing, access to liquidity and efficient execution you require to meet your global currency trading needs. Turn to Northern Trust's full suite of foreign exchange solutions to successfully navigate the ever-changing market landscape.
Get 24/5 global coverage and trade in 70+ countries through our comprehensive FX capabilities. Tap into our broad, in-house expertise and more than 40 years of experience providing FX trading services.
Our E-Commerce platform, driven by our sophisticated foreign exchange technology, delivers tailored and highly automated trade execution.
Widely recognized as a strong counterparty, you’ll benefit from our stable financial standing, solid industry reputation and extensive market connectivity. Our E-Commerce platform connects you to a comprehensive panel, unique to Northern Trust, of leading banks and exchanges.
Find the FX cost transparency you've been seeking. We provide upfront fee schedules to give you clear, consistent pricing. And our proprietary Transaction Cost Analysis reports provide an additional level of detail into your automated trading.
Trade with speed and accuracy supported by our sophisticated, customizable tools. Whether you prefer to work directly with our FX traders or through our E-Commerce platform, we can help you minimize market impact and lower operational risk.
Our suite of FX services includes:
John Turney is Head of Global Foreign Exchange at Northern Trust Capital Markets.
Prior to this appointment, John has held a number of senior positions across Northern Trust Global Foreign Exchange, including developing and managing CompleteFX (outsourced FX transaction processing and execution service), leading the PASCO (passive currency hedging) business; FX sales and relationship management and operations and technology to support the FX business.
John has also served as a Vice President of Luminous Capital, now a division of First Republic Investment Management. While at Luminous, John worked closely with one of the firm’s founding partners managing a portion of the firm’s then $6bn in assets across various liquid and illiquid strategies.
John holds a B.S. degree in International Political Economy, Edmund A. Walsh School of Foreign Service, Georgetown University – 2007.
Michael Tan is a Senior Vice President at Northern Trust - Singapore. As APAC Head of Foreign Exchange, he oversees the foreign exchange sales and trading activities of The Northern Trust Company in the Asia-Pacific region which also include a FX Sales presence in Sydney and dealing rooms in Singapore, Beijing and Seoul. Michael ensures compliance in such FX activities within guidelines and policies as provided for by Singapore, Asian and U.S. regulators.
The APAC dealing rooms provide foreign exchange services for investment managers and custody clients and are active in foreign exchange trading. The Northern Trust Singapore FX team was recognized as the "Best FX Provider (Real Money) – APAC" from 2005-2013 by Asia-Pacific investment managers and custody clients, as independently polled in Global Investor Magazine’s annual FX surveys.
Prior to joining Northern Trust in 1996, Michael was Assistant Treasurer at Commerzbank (1982-1990) and Treasurer at Banca Commerciale Italiana (1990-1996) in Singapore. He began his banking career in 1979 with Citibank's Singapore Treasury.
Dan runs the sales effort for Northern Trust's Foreign Exchange business globally. NT's FX capabilities include a full E-Commerce execution suite, automated passive currency overlay products, outsourced FX solutions and direct dealing services in spot, forwards, swaps and NDFs in G-20 and restricted currency markets. In his role, Dan oversees all aspects of client trading, account management and new business development across NT's range of execution services. He is based in Chicago, where he coordinates the activities of the global sales organization.
Prior to joining Northern Trust in 2016, Dan held the position of Head of Sales-Americas at EBS, a leading interbank FX ECN owned by NEX Group plc. He worked in the EBS Sales management team for 11 years. He previously worked at the Bank of New York, as a senior sales representative in the ADR Division.
Dan received an M.B.A. in Finance from the NYU Stern School of Business in 2002. He also earned his B.A. in International Relations from Johns Hopkins University in 1988. Dan speaks six languages and has worked in the international finance arena for more than 25 years.
Northern Trust's client base includes institutional asset managers, plan sponsors, corporate treasury, hedge funds, broker/dealers and wealth management clients. NT provides all of its clientele access to global execution capabilities - with dealing centers in London, Chicago and Singapore.
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This material is directed to professional clients only and is not intended for retail clients. For Asia-Pacific markets, it is directed to institutional investors, expert investors and professional investors only and should not be relied upon by retail investors.