Given that the FX trading market is without any doubt the largest and most liquid market in the world, with almost $5 trillion daily turnover, it is unsurprising that many institutional investors are now taking up FX trading. Electronic trading has grown considerably around the globe and the usage of FX algos is expected to grow by 65% in 2014. While regulation is required to maintain market integrity and safeguard investors, it has not held back firms from rate rigging in the FX markets. Worries are also rising about HFT as FX trading volumes are continuously being driven by speculative transactions to profit from currency moves.
Supervisors are closely watching these issues and it is still unclear how the regulation of FX markets will evolve. But what we do know is that this market is evolving fast in terms of the increasing demands of new technology, regulation, liquidity, the growing number of platforms, algos, execution and market structure.
The FT Trading Room and The Banker are delighted to present this special FX trading briefing, which will explore the implications of these disruptions on the FX market. 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.