It’s a bumper edition of In the FICC of it this week as Colin Lambert and Galen Stops prepare to head off to Forex Network Chicago 2018, with both giving previews of the main issues that they plan to tackle on the panel sessions that they are moderating.
The pair also discuss a report by the New York state Attorney General, which highlighted some major concerns about some of the crypto trading venues operating today. But the most interesting aspect of this story is the response of one exchange that decided to hit back at the AG in rather spectacular fashion – Lambert and Stops highlight some of the shots fired on (where else?) Twitter.
Lambert gives his thoughts on a new report which details how market structure changes have implications for central banks’ approaches to market monitoring, including the range of participants with which they engage, the types of data they collect, and the tools and technologies they utilise. He also points out that the report validates his prediction at the start of the year that access to data is in danger of increasingly dividing the FX market into “haves” and “have nots”.
Meanwhile, Stops explains that while more hedge funds are using artificial intelligence tools to trade FX, it is still the human element that will determine if these funds are successful.
And finally, the pair discuss a recent debate they did on whether or not trend following is dead as a strategy. Lambert accuses Stops of cheating for the debate, while for his part Stops says that Lambert should have seen those underhand tactics coming.
For more information on the stories referenced this week: