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Photos by Richard Hadley.<br />
RECENT EVENT<br />
Takeaways from<br />
TradeTech FX in Paris<br />
September 20<strong>23</strong><br />
By Saeed Amen<br />
Saeed Amen<br />
I’ve been in markets for close to twenty<br />
years. What has been my persistent<br />
takeaway, aside from the fact that<br />
there’s always more to learn about<br />
markets, is that whilst markets do<br />
change, themes do reoccur. It’s been<br />
nearly a decade since I first spoke at a<br />
TradeTech FX event. I thought it would<br />
be an interesting exercise to look at<br />
the topics which were covered back at<br />
my TradeTech FX event. So searching<br />
through my e-mails, I managed to find<br />
the agenda back from that first event.<br />
In terms of market themes, there were<br />
topics around best execution, TCA and<br />
then impending MiFID II regulations,<br />
CTAs impact on the market, whether<br />
there would inflation or deflation, and<br />
so on.<br />
KEY THEMES<br />
If we roll forward a decade to the<br />
latest TradeTech FX conference in<br />
Paris, some themes have certainly<br />
persisted! Notably, there was still a<br />
lot of discussion on how to do best<br />
execution and how to measure this<br />
with TCA. Of course, these days, we<br />
have much more data and tools in<br />
order to do TCA, and we have firms<br />
like TradeFeedr, where you can do<br />
peer group analysis to do your own<br />
TCA. Many of the discussions around<br />
benchmarking also moved purely<br />
from looking at FX spot, to other<br />
FX markets such FX swaps, where<br />
there is less transparency. Discussions<br />
around market drivers this time around<br />
(perhaps unsurprisingly!) revolved<br />
around inflation and central banks.<br />
Over the coming paragraphs, I’ll try to<br />
14 NOVEMBER 20<strong>23</strong> e-FOREX
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