8.15

Registration and breakfast

8.55

Welcome address

Eva Szalay, Editor, FX Week

9.00

Keynote Speech: The Global Code's First anniversary, insights from the ECB

Christophe Beuve, Head of Bond Markets and International Operations Division - Directorate General of Market Operations, ECB


9.30

Central Bankers Panel: Navigating growth in the post-crisis world

  • Differences in exit strategies amongst major central banks
  • From divergence to convergence - the overall implications for FX
  • Leading the way or riding the way - the role of market pricing and expectation on monetary policy
  • Political risks and their (lack) of impact on FX - will this continue? 

Tobias Linzert, Head of the Policy Assessment Section - Monetary Policy Strategy Division, ECB

Meredith Beechey Österholm, Deputy Director of Monetary Policy, Sveriges Riksbank

Benjamin Anderegg, Head of Foreign Exchange and Gold, Swiss National Bank

10.15

Evaluating the impact of Best Execution requirements

  • Are market participants changing their execution decisions due to TCA systems now being in place?
  • Fiduciatry duty - who owes to whom and how do asset manages ensure best execution?
  • Counterparty diversification or consolidation, SDPs vs MDPs - a quantitative look at outcomes

Andre Siegrist, Portfolio Manager, Publica Pension Fund

Harwig Wild, Deputy Director, Metzler Capital Markets

Christian Schoeppe, Director - Head of FX Trading (EMEA), Deutsche Asset Management

11.00

Morning Break

11.25

CIO panel: Asset allocation in a (still) low-yield environment

  • The rise and rise of stock markets vs flat-lining in FX - how long can it last?
  • The outlook for G10 currencies in light of policy normalisation
  • Cryptocurrencies and opportunities - can institutional investors seek alpha in crypto?
  • The risks we have to take - top downside risks to portfolios to consider in asset allocation in 2018

Imene Rahmouni-Rousseau, Deputy Director - Markets Directorate, Banque de France

Alessandro Tentori, Chief Investment Officer, AXA Investment Managers

Brian Tomlinson, Global Fixed Income Portfolio Manager, Allianz Global Investors

Philipp Brugger, Portfolio Manager - Multi Asset Strategies, Blackrock

12.10

Liquidity panel:

  • How much can NBLPs grow in market share, across product and on a disclosed basis?
  • How to measure your counterparties' behaviour - instant hedgers vs risk warehousers, toxicity of flows, disclosed vs anonymous
  • Advances in credit: will any of the solutions translates into new clients types for non-banks?

 

12.55

Lunch

13.55

Cryptocurrencies in institutional FX markets -  the current opportunities

  • Fragmentation, lack of fungibility and lack of liquidity
  • Bitcoin: the most last-looked market in the world?
  • Futures and their role in sparking institutional appetite for crypto
  • Trading in size - but just how big?

 

14.25

Spotlight on China:

  • What factors are slowing the renminbi's internationalisation process?
  • International politics and Chinese policy - the impact of Brexit and the Trump Presidency on China
  • Policy update from Beijing - what do the PBOC's policy measures say of the renminbi's future prospects?

Sherry Madera, Special Adviser for Asia, City of London Corporation

14.55

Afternoon break

15.25

EM Panel

  • Economic growth and a dash of political risk: the outlook for Central and Eastern European currencies
  • Spotlight on the ruble - opportunities or more sanctions ahead?
  • Turkey's new hedging rules - and upswing in FX activity?
  • The renminbi and its impact on the wider EM universe
  • Top strategy picks for 2018

Liam Spillane, Head of EM Debt, Aviva Investors

Clothilde Malaussene, Senior Portfolio Manager - Emerging Bonds and Currency, Natixis Asset Management

 

16.10

Platform evaluation roundtables

17.10

Chairperson closing remarks:

Eva Szalay, Editor, FX Week

17.15

Drinks reception and end of conference