Simon Wilson-Taylor, president at Molten Markets, says that his company was founded because fund managers have fundamentally changed the way that they trade foreign exchange. At the same time, there is greater scrutiny by the regulators on FX market transparency, owing to concerns about custodian execution and execution versus standard benchmarks.
"The big change that we've seen in the way that fund managers trade is that if you go back to the 1990s, FX was a byproduct of a securities trade and
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails