RSS Feed

Premium Content

Free Two Week Trial
Two minutes to sign up!

Sign Up For Squawkbox
Free Weekly Newsletter

Resources

Forex Network
Annual Sponsors

Platinum

Gold

Silver

Supporting Sponsors

Login Form

Forex Network Videos

Delivering video news straight from Profit & Loss premier series of global conferences

Latest News

Are Regulators Finally Harmonising on NDF Clearing Rules?

The European Securities and Markets Authority (ESMA) has released a new consultation paper on the mandated clearing of FX NDFs, a move which could signal a greater degree of harmonisation between US and European regulators...

Industry Supports FSB’s Proposals for Fixing the Fix…

The Financial Stability Board released its final report on foreign exchange benchmarks on Tuesday (30 September), which is aimed at repairing the reputation of an industry struggling with accusations of collusion around the FX rate benchmarks...

…And WM/Reuters Counters Iosco Benchmark Criticisms

UBS Confirms FX Settlement Talks With Regulators

Yuan Begins Direct Trading with Euro

And Another Thing...

FSB Said to Back Five-Minute WMR Fixing Window

UK Consults on Extending Libor Laws to Currency Markets

Next Event

Profit & Loss Singapore 2014

Profit & Loss returns to Singapore for the fourth annual Profit & Loss Asia conference, which is being held in association with ACI Singapore, on October 21 at the Marina Bay Sands Hotel. Over the course of the day, we will be charting the course of a trade – moving from the initial kernel of an idea, to the preparation, through to the execution, while also considering the customer and the challenges. What do traders have to consider before executing a strategy? Is an increase in EM volumes leading to expectations of higher e-ratios? How far have the efficiencies offered by e-trading penetrated emerging markets? What do traders have to consider before executing a strategy? These are just some of the questions that will be discussed by analysts and other market professionals throughout the day. ...

Profit & Loss Shanghai 2014

Profit & Loss returns to Shanghai for its last FX conference of the year. Join us to learn the impact of changing global market trends on Chinese markets, as well as to hear about the continued development of local markets. Attendees can also sample the latest technology offering as part of the accompanying trade exhibition. Profit & Loss conferences provide our audiences with unique views into the issues, developments and trends taking place in the FX industry. Our distinctive panel discussions provide insights into local market machinations, as well as opportunities for growth through technology, knowledge and partnerships. This conference is made possible by our annual and event sponsors, which together help us provide the premier FX industry conferences to market participants around the world. ...

SEFCON V

Top Story
Latest Video

Profit & Loss Forex Network Chicago 2012 - Panel 1: Market Making in an Electronic World

Bank and non-bank marketing makers came together to discuss regulation, fragmentation and risk management at Profit & Loss Forex Network Chicago, which drew a crowd of nearly 600 to the Windy City in September. Chris Concannon, partner at Virtu Financial; Peter Nabicht, executive vice president at Allston Trading; Chris Purves, MD and global head of FX e-trading at UBS Investment Bank; and Greg Wood, director, algorithmic execution, FX and listed derivatives at Deutsche Bank, started the session looking at the benefits of more regulation to the sector. Fragmentation within the FX market led to discussions on IT risk management, with Purves suggesting that the industry would benefit by defining a common mechanism for connectivity and therefore avoiding the need to recode every time a platform adds a new feature.   ...

Profit & Loss Forex Network Chicago 2012 - Panel 5: Best Execution: Staying Ahead of the Pack

Profit & Loss editor Colin Lambert opened a session at Forex Network Chicago on best execution by asking whether there are best practices for best execution. Ray Kamrath, chairman and CEO of Faros Trading, noted that TCA is definitely a growing segment in FX, so measurement is an important factor in defining best execution. When that develops in FX, perhaps to the level it is in equities, then price will matter more in FX, he said. Greg Ingrassia, senior FX trader at Buttonwood Group Trading, added that FX historically has not been a fee-based business, but that now, bid/offer spreads are being looked at as a real cost. Lambert asked Mike Harris, director of trading at Campbell & Company, whether he thought the market has moved away from the agency versus principal argument. Harris noted there is an active debate in the algo space around three choices – the pure agency model with no internalisation; or one in which you can turn on internalisation (the FX equivalent of a dark pool, in which you have limited market impact and you’re not paying a fee); and the third being the bank only principal model, “but even if I wanted to use it, that’s the one I can’t get it past my best execution committee”.   ...

Profit & Loss Forex Network Chicago 2012 - Panel 2: Patents vs Trade Secrets

Profit & Loss Forex Network Chicago 2012- Keynote Address: Market Vulnerability and High Speed Trading

Profit & Loss Forex Network Chicago 2012 - Panel 4: Growth Markets: Opportunities in Latin America

Profit & Loss Forex Network Chicago 2012 - The P&L Interview: The Evolution of EBS

Profit & Loss Forex Network Chicago 2012 - The P&L Interview: Is the World Coming to Chicago?

Profit & Loss Forex Network Chicago 2012 - The Profit & Loss Think Tank: Evolving the Platform Model

Twitter Updates