Work Slop and Automation Bias – the New AI Workplace Challenges
December 3, 2025
In an AI world that is now awash with synthetic text and hidden biases, work slop and automation bias are… Read More »
The Position is the place to go for opinion, both from The Full FX and selected FX and crypto industry voices. Colin Lambert will be providing regular commentary on the latest industry developments with the intention of provoking discussion over developments. The Position will also carry occasional market commentary from leading FX and crypto strategists as well as macro commentary from think tanks.
In an AI world that is now awash with synthetic text and hidden biases, work slop and automation bias are… Read More »
UK fund managers are planning to ramp up hedging in 2026 thanks to currency volatility, especially in Sterling, although many… Read More »
The CME outage last week is the latest example of how the FX industry has, in the main, managed to… Read More »
The UK’s Financial Conduct Authority (FCA) has renewed its recognition of the FX Global Code, Global Precious Metals Code, and… Read More »
The latest in our Voice of Experience series sees industry veteran Alan Konevsky dip into the early days of e-FX… Read More »
Stables, stability and risks – where next? At least one of Australia’s major super funds will start using stablecoins in… Read More »
Following the recent unveiling of the first Full FX Awards, Eva Szalay and Colin Lambert discuss the inaugural Crossover Award,… Read More »
One aspect of the Bank of England paper studying the effect on Credit Suisse’s clients following that bank’s collapse in… Read More »
There are many things in life that inevitably end in disappointment, West Ham going 2-0 up only to lose; every… Read More »
Following the recent unveiling of The Full FX Awards for 2025, Colin Lambert sat down with Eva Szalay to offer… Read More »
1:1 or 1:100? Stablecoins continue to have many doubters, despite the fact that the (current) US government is not one… Read More »
A survey of senior traders at 34 European asset managers has found widespread unhappiness at the practice of pre-hedging, with… Read More »
If you thought that the noise around the Libor/market manipulation/trader dismissal issue from nearly a decade ago was diminishing, you… Read More »
In the northern hemisphere it is very much the end of what many term the “stablecoin summer”, but it is… Read More »
It’s been a busy week, so rather than bang on about something I have half an understanding of (what’s new… Read More »
Things that annoy me: Part 1,754. Ignorance that ignores reality in the hope that some mug falls for the sales… Read More »
The US appears to be keen to underwrite a new growth phase in derivatives markets. This is according to a… Read More »
I rarely have sympathy for regulators – I understand we need some guidance in markets, but too often relatively uninformed… Read More »
From scarcity to abundance – what a mindset! In a few weeks’ time foreign exchange will receive its triannual update… Read More »
The latest report from MillTech surveying North American fund managers paints a picture of firms impacted by FX volatility, as… Read More »
A few weeks off does wonders for the mind, helps you focus and, often, come back to work with a… Read More »
Talk data to me* Quite unexpectedly, Uncle Sam is now onchain. That’s a swift pivot for a country that just… Read More »
Deep in the weeds of foreign exchange land, it’s sometimes hard to imagine that there are people living entire lives… Read More »
“Pre-hedging”, or “hedging ahead of the Fix” as it is referred to around the major FX benchmark fixes, remains a… Read More »
Market structure evolution is a regular theme in these pages, and indeed this column, and most often it is targeted… Read More »
Last week’s column prompted quite a response, which can be summarised thus: How confident are you that adhering to your… Read More »
LoopFX has marked an important milestone by going live as an FX trading venue, matching trades within State Street’s FX… Read More »
For the second week in a row, we are writing about justice served around five years too late, following news… Read More »
CLS has unveiled a redesigned CLS Cleared FX service, which was first launched in 2018 – as was the case… Read More »
As someone who has argued pretty much from the start that Mark Johnson’s conviction was wrong, it comes as something… Read More »
Standard Chartered Bank is claiming a first with the launch of spot crypto trading services for its clients, through its… Read More »
The one about technology So you don’t like digital assets? Probably because you are a profit centre for a firm… Read More »
A frisson of excitement rippled through financial markets last week when one of its recent “darlings” was banned by a… Read More »
It’s not what you said, it’s how you said it… Sometimes what a regulator says and what they actually encourage… Read More »
Something very different this week – charity, cycling and suffering! Some of you will know that FX industry stalwart Al… Read More »
Time for a full-on, generation gap, rant. Don’t give me this “liquidity mirage: stuff again, FX markets are as robust… Read More »
In the past I have received a fair amount of blowback over my position that total transparency in markets is… Read More »
The introduction of Non-Financial Report Requirements (NFRR) means that in many cases workplace culture is now categorised as yet another… Read More »
With TARFs like these, who needs enemies? Or the dilemma of a sales person. On a sunny summer day in… Read More »
Last week’s column prompted a decent mailbag, which collectively made the point that we all know there is a recurring… Read More »
Following an industry consultation, FTSE Russell, which operates the WMR FX benchmarks, including the critical London 4pm Fix, has decided… Read More »
The top concern for multinational banks from an FX perspective is competition from non-bank liquidity providers, a new survey from… Read More »
As someone who has taken the, ahem, ‘occasional’ loss in his time, I find myself irritated by a report that… Read More »
LDA Technologies is launching what it says is a “unique” product that solves one of the major challenges in e-trading… Read More »
Equity markets are strange, in the US especially, because everything about them seems intended to benefit market makers. I have… Read More »
Sometimes, language can tell you a lot, even if it not intended to, and I am starting to think that… Read More »
Is the mighty dollar really finished? The number of people arguing that it’s time to say goodbye to the dollar’s… Read More »
There has been a growing, but still relatively subdued, debate in FX circles about the value – or otherwise –… Read More »
The Crypto Market Integrity Coalition (CMIC), a 51-strong industry body, has released a best practices framework for market making in… Read More »
New platform launches in FX have, in recent years, tended to be low-key events, largely because everyone understands it will… Read More »
