The Full FX Podcast: Currency Matters
Posted by Colin Lambert. Last updated: September 20, 2021
In the second episode of our three-part special, Colin Lambert and the recently retired Lee Oliver shift their focus from the broking world to FX banking in the 1980 and 90s.
The discussion looks at past and current FX banking models, especially the rise of agency and the impact of juniorisation. There is also time for a few war stories as they discuss Cable hitting parity; being broken by the Swiss franc; picking the wrong employer; and how they had differing fortunes around the sinking of Greenpeace’s Rainbow Warrior.
Also, for anyone complaining about technology, there is an explanation of how the post-trade process worked and the physical injuries that resulted – a situation only saved by the advent of Doris!
Subscribe now on Apple Podcasts and Spotify, or listen on The Full FX website.