Monday, November 21, 2011

Cloud-computing in FX Markets


I am participating in what will be a great opportunity for brokers, banks, and technology firms to become 'less cloudy' on the effects of cloud computing on FX markets. This is a trend I would describe as emerging but beyond the tipping point - in other words, more firms than you think are already using it but not many talk about it. Register for this event HERE:

Date: 6th December 2011 
Time: 2.00pm GMT 
Cloud-computing stands to democratise the foreign exchange industry by introducing a shared resource model, which advances the fundamental economics of trading these markets. Combined with a regulatory environment predicated on reducing systemic risk and increasing transparency, and the game looks set to change for the incumbent providers of foreign exchange liquidity. This webinar will act as a forum to debate the implications of cloud-based trading technology on the microstructure of the FX market. Panellist will discuss the application of cloud-computing in foreign exchange from new business opportunities, impact on liquidity, risk management and transparency, as well as meeting prudential requirements under incoming Dodd-Frank, Emir and Mifid II. 

Discussion points 
- What is cloud computing? 
- What impact does cloud computing have on the microstructure of the foreign exchange market i.e. on trading and liquidity? 
- How will it affect the profitability of banks and their market-making activities? 
- Could cloud computing spell the end of single bank platforms? 
- Is regulation going to have a significant unnatural change on the structure of the market? 
- What role does cloud-computing play in managing systemic risk and price transparency? 

Speakers Include 
Moderator: Saima Farooqi, Executive Editor, FX Week 
Javier Paz, senior analyst, AITE GROUP 
Harpal Sandhu, Chief Executive Officer, Integral 

No comments: