The Full FX Unfiltered – Driving Change in FX Swaps
Posted by Colin Lambert. Last updated: March 13, 2023
In the latest edition of The Full FX video series Unfiltered, Colin Lambert talks to Gavin Wells, head of FX swaps strategy at 360T about the firm’s SUN platform and how the FX swaps market structure is changing. The two discuss the drivers of change as well as the pace of automation in what remains easily the biggest FX product by trading volume, before moving onto what it will take to balance the demands of voice and electronic traders.
Wells discusses the potential for further change from clearing of FX swaps, before Lambert – inevitably – asks, how does the current evolution compare to what we saw in spot, and what lessons are we taking from that evolution?
The discussion closes with a look at the types of new tools, services and products required to ensure that the evolution progresses as smoothly as possible.