Sometimes, you’re told something so often
it can easily be seen to be true, however, at the risk of being controversial
(perish the thought), a more realistic view is often that those expounding the
theory are deluding themselves. Which ...
Is the FX sales role now definitively
squeezed between a rock and a hard place? It’s hard to think it isn’t.
I remember more than a decade ago when the
e-channel really started kicking into gear as a ...
For those of you who
missed the FIA Boca conference last week, here’s Profit & Loss’ top three talking points from the event.
1. It’s politics
Jim, but not as we know it
The mood at this
year’s FIA ...
My thanks to those of you who got in touch
to let me know that the latest draft of the global Code of Conduct was released
to stakeholders at the end of last week. It’s just a pity you ...
The March 3 column on order management
provoked quite a discussion – as that subject always does, even when all was apparently
rosy in the FX garden this was the one area guaranteed to cause some friction!
Plenty of correspondents and people ...
How quickly perceptions can change, especially regarding the current debate over liquidity levels in spot FX markets.
It feels strange to think back
just a few years and everyone you spoke to would attest to the ‘fact’ that
liquidity had ...
Much angst has been expressed in the industry
(and in this column) over what some believe to be the pending liquidity crisis
in foreign exchange markets, and it is heartening to note that some in
authority seem to be listening.
Two nascent trends in the industry are
worrying me a little because not only do I believe they fail to adequately
address the issues involved, but they could actually exacerbate them.
The first surrounds order management, the
second the apparent ...
A regular subject of conversation over the
past two weeks has been the mood of the FX banking industry – people seem keen
to share their view, if for no more reason than to see if they are in step with
This column has often discussed the
unintended consequences of regulation and market structure change, and we are
on the verge of seeing yet another instance – one that seems to indicate the
way the FX world is inevitably going.
Something that ...