The foreign exchange market has experienced a turbulent 12 months. At the end of 2014, the market was rocked with benchmark manipulation scandals, and in 2015 there have been incredible spikes and currency movements, such as the depegging of the Swiss Franc and the ongoing sell-off and devaluation of Chinese currencies. All in all, it is fair to say that FX trading has become more complex and challenging.
However, on the back of these major currency movements, many firms see 2016 and beyond as an excellent opportunity to make FX a more profitable and lucrative asset class.
Conducted in September 2015, this senior level survey was tasked with identifying the key challenges, opportunities and industry trends related to the FX market.
This survey was completed by 50 senior FX professionals made up primarily of Heads of FX Trading, CEOs and senior management from leading asset managers and hedge funds.
Inside you will discover:
The biggest challenges facing FX professionals over the next 12 months
New technologies the buy-side are investing in over the next coming year
The priorities and skills the buy-side look for when selecting their brokers
Benchmarking around the WM/Reuters rate