Are we witnessing a fundamental change in how FX markets operate? That was one of the key themes discussed by panellists during the first session of Profit & Loss Dial-In Day London, which took place on April 29th.
The first session looked at what we learned during recent volatile markets from traders’ perspectives as Logan Campbell, global head of FX derivative trading at Deutsche Bank; Phillip Lawson, head of portfolio management at Adrian Lee & Partners; and Jeremy Smart, global head of distribution at XTX Markets discussed the key issues.
The traders shared their key takeaways from the events of February and March and how liquidity levels held up.
Infrastructure challenges and how algos performed during these volatile markets were also analysed, as was the all-important topic of liquidity consumer behaviour, among other topics.