While 2014 focused heavily on quantitative easing,
the US economy is now widely expected to grow strongly. Analysts predict that
the dollar will be the star performer in the G10 and many investors are wary of
an increase in US interest rates. In comparison with equities, the FX market
seems well prepared for higher interest rates.
With the industry achieving average daily volumes
of over $5 trillion, rising volumes are associated with the growing adoption of
electronic trading taking place in all aspects of the FX market. Algos and the
demand for FX TCA will continue to grow as electronic trading makes it easier for FX traders to source tight pricing.
January 2015 has also seen
the largest single movement in major currencies for many years with the lifting
of Swiss franc cap against the Euro. This has raised questions because of the increasing use of FX by retail
investors,the way in which
central banks execute their intervention
policy and overall liquidity in
certain currency pairs.
More regulation is around the corner for the sector, following last
year’s FX fixing scandal. The main question is around how
fast regulators will move to push for real changes in the industry.
Additionally the focus on FX derivative markets is intensifying as US
regulators determine how Dodd Frank rules will be put into practice.
The FT Trading Room and The Banker are delighted to
present this one day FX trading event. Our wealth of content and expertise in
providing the very latest FX trading news globally will enable you to
efficiently benchmark your FX trading strategy with your peers to reduce costs
and achieve higher returns.