Navigating the T+1 implications for FX traders
The
panel
-
Lisa
Danino-Lewis,
Chief
growth
officer,
CLS -
Aziz
Arib,
Director
FX
product,
custody
FX
&
currency
overlay,
Citi -
Melody
Martinez
Davidson,
Global
head
of
FX
institutional
sales,
managing
director,
BBVA -
Paul
Matherne,
Former
global
FX
and
STIR
trading
leader,
BNY
Mellon -
Moderator:
Joe
Parsons,
Global
markets
deputy
editor,
Risk.net
and
FX
Markets
As
the
US
securities
market
moves
to
T+1
settlement
in
May,
the
knock-on
effects
for
currency
traders
–
particularly
those
in
Europe
and
Asia
–
could
lead
to
them
being significantly
strained.
How
will
asset
managers
respond,
and
what
can
service
providers
do
to
help?
This
FX
Markets
webinar
provides
actionable
insights
for
industry
professionals
navigating
the
implications
of
T+1
across
their
settlement
workflows
and
FX
trading
operations.
Key
discussion
points
include:
-
How
the
compressed
timeframe
of
T+1
settlement
in
the
US
and
Canadian
securities
markets
impacts
European
and
Asian
asset
managers
with
their
FX-related
trading -
Are
European
and
Asian
asset
managers
aware
of
the
potential
increase
in
FX
settlement
risks
that
could
arise
under
constrained
settlement
timelines? -
What
operational
challenges
and
changes
in
FX
trading
approaches
could
result
from
this
shift?
How
capable
are
firms
to
settle
same-day? -
Are
firms
planning
to
outsource
FX
trading
and
execution
to
custodians? -
Can
buy-side
firms
utilise
automated
tools
and
new
technologies
to
streamline
FX
trading
and
settlement
processes
under
a
T+1
framework?