Tag: juniorisation

juniorisation

And Finally…

Does a magic genie do the work of developing the next generation? No, it’s people like you and me and I think it is about time that the industry – and especially the major institutions and other employers – recognise that. Because without the volunteer network – people willing to give up their time to help develop the next generation of industry participants – FX loses its community spirit and that surely has to lead to greater regulation – something few, if any, of us want.

And Another Thing…

There are many reasons given for the perceived decline in liquidity conditions in FX markets in recent years and all do play a role according to a new white paper published by the BIS. But have liquidity conditions changed that much? Hasn’t it always been the case that when events happen markets gap and thin out?
If I am correct in this assessment then the real problem facing the FX industry is not deteriorating conditions – it’s a sense of entitlement.

And Finally…

One line in the midweek column tweaked some interest among the readership, my mention of the “juniorisation” of the sales role in the banking world. I must confess I hadn’t thought about it too much, it has very much been a natural evolution as incumbents exit the industry and, more pertinently perhaps, the customer demographic […]