So the wait is over for Mark Johnson, his family and friends, and the news is not good, as we reported last week. There is not a lot to say about this from his perspective, thankfully most, if not all, of us have no idea what it is like to be incarcerated, we can only […]
Tag: Market risk
Following last week’s column I am obviously in the bad books of a small number of buy side firms and as such I intend, in true fashion, to dig myself in a little deeper today. There is a trend in the buy side, indeed business generally, that makes peer-to-peer matching on any reasonable scale even […]
The price action in Cable on Monday around the resignation of four government ministers in the UK was interesting and highlighted a nuance of the modern FX market structure. The pertinent question to be considered is: Do we want to have a generally stable market with fewer 200 point moves, but which has occasional flash events; or is it better to have a generally busier market, with more 200 point moves and little – or even no – flash events?