In this week’s podcast Colin Lambert and Galen Stops, respectively the managing editor and editor of Profit & Loss, analyse some of the highlights from the final day of the Forex Network Chicago conference.
To start off with they discuss some of the key talking points from the credit panel, asking whether the FX industry is reaching a tipping point when it comes to the implementation of new technology and infrastructure for prime brokerage. They also discuss whether the implementation of central clearing could lead to a bifurcation in pricing between products sent to different clearing houses.
The pair also reflect on some feedback they received from attendees regarding a legal and compliance panel on the first day of the event, after some people expressed surprise at the responses given by the panellists as to how regulators calculate fines for market participants and why there has been a rash of CFTC enforcement announcements lately.
The pair conclude with Lambert giving his thoughts on an algo session that he watched (he’s still not buying the hype) and Stops discussing the CTA panel he moderated (it’s still tough out there for them).