Unique insights regarding how the FX market today is developing.

In this podcast Livingsmith highlights that FX Swaps are the core funding instrument for most financial institutions – and therefore are critical within financial markets – but that even now pricing for these often remains significantly wider than normal. He also ruminates on the need for greater automation and end-to-end processing, improved communication and a means to effectively measure output within firms.

Alex Clark talks to 360T about the liquidity issues caused by the sudden combination of market volatility and people working from home. However, he says that despite stressed liquidity conditions FX algorithms have performed well, enabling the trading team to focus their attention on the most challenging markets, such as EM currencies, options and NDFs. Explaining that enhanced execution tools are in high demand amongst buy side firms right now, Clark discusses how algos have needed to adapt to changing market conditions in recent weeks.

If you could go back in time six months before the pandemic, what advice would you give yourself? This is one of the questions put to JB Mackenzie, Managing Director, Futures and Forex at TD Ameritrade, in this podcast episode. He also talks about the impact of recent central bank stimulus, trading in 24 hour markets and how technology has made life better for investors.

In this lively discussion Bhav Trivedi talks to 360T about the technical challenges associated with trading in an isolated environment. He also points out how the recent FX volatility tested banks’ re-pricing and auto-hedging capabilities, and why an increased reliance on technology has not diminished the big importance of relationships in the industry.

Nigell Todd, Global Head of FX at Fidelity International, talks to 360T about some of his positive takeaways from the recent experiences adapting to the Coronavirus pandemic, suggesting that it could lead to a more compassion in the workplace. Todd also says that it is “naïve” to think there will be no longer-term implications of the pandemic for businesses, recalls some “bleak days” trading as volatility in the FX market spiked and, most importantly, reveals where his first holiday destination will be once travel restrictions can be safely eased.

In this podcast episode Juan Landazabal from GAM Investments runs through some of the key factors that had to be considered as trading activity moved out of the office and into people’s homes. Having now adjusted to this initial wave of change, he also highlights some of the longer-term challenges – and opportunities – associated with a more decentralised working and trading environment.