The Coronavirus lockdown of 2020 presented a major challenge to FX market participants. A wave of country-by-country lockdowns swept across the FX industry globally from January through April. Which meant organizations had to leave their dedicated trading floors and establish operations in alternative locations, including employee’s homes.
Organizations had to adapt their internal trading practices, and the way they communicated and executed transactions with their counterparties, at very short notice. On top of these challenges, the six-week period from the late February to the end of March saw increased market activity and volatility. Market participants needed to handle these challenges within their new ‘lockdown’ trading environments.
In this webinar Neill Penney, Managing Director and Head of FX at Refinitiv, Jim Kwiatkowski, Managing Director and Global Head of Transaction Sales at Refinitiv and Ken Monahan, Senior Analyst on the Market Structure & Technology team, Greenwich Associates, provide an analysis on the operational challenges of the FX Market in 2020 and what to expect for 2021, especially covering:
- 2020 overview of the FX market
- Challenges market participants faced in 2020
- What to expect for 2021?
Speakers:
Zoe Lamb, Head of Marketing, MEA, Refinitiv
Neill Penney, Managing Director and Global Head of Trading - Refinitiv
Jim Kwiatkowski, Global Head of Transaction Sales, Refinitiv
Ken Monahan, Senior Analyst on the Market Structure & Technology team, Greenwich Associates