Tag: FX industry culture

FX industry culture

And Another Thing…

The foreign exchange industry has always prided itself on its ability to innovate and evolve and it does indeed have a positive story to tell in these areas, but one area in which it clearly fell down badly was in its inability to maintain control in an era of technological expansion.
It is hard to look back on the events of 2008-13 and not see them as a direct result of the oversight function either failing to understand, or failing to keep up with, the technological revolution.