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NABMA is pleased to announce that April 17th was a historic day for the markets industry because the Annual General Meeting of the Association of Private Markets Operators (APMO) voted unanimously to become part of Nabma.

Nabma’s Chief Executive, Graham Wilson, made a presentation to the AGM before members voted and he explained that APMO members would not be able to take full membership of Nabma but they would exist as a separate group within the Nabma structure.

This decision has followed months of negotiation between the Nabma Management Board and the Executive Committee of APMO and is based on the acceptance by APMO of a number of conditions. It is intended that the arrangement will operate on a trial basis and will be reviewed in twelve months. APMO members will pay subscription rates based on the current Nabma subscription bandings.

This is an exciting development for Nabma and provides a platform for both public and private market operators to work together for their mutual benefit. In recent years the two organisations have come closer together primarily through the work of the Markets Industry Forum and the All Party Parliamentary Group and this latest development is an extension of the partnership working that is already in existence.

The new arrangements are likely to be implemented from 1st May.

NABMA Chief Executive Graham Wilson confirmed that this is a ground breaking partnership. “By linking public and private sector market interests we indicate to government agencies the joined up thinking that exists within the industry that hopefully will strengthen our voice and ability to influence policy and decision makers”