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Profit & Loss, New York 2018

The New Reality of Credit

In recent years, prime brokers have been re-assessing their client footprint, which in some cases has led to clients being “off-boarded”. This in turn spurred a growth in the number of firms offering prime-of-prime services or touting alternative credit models that aren’t reliant on FXPBs. What will credit provision look like for clients going forward? Will capital and credit constraints inevitably push more FX products towards a centrally cleared model?

  • How is technology changing credit provision in FX?
  • How is the demand for capital efficiencies likely to change market
    behaviour?
  • What does the concept of “unbundling” services and products mean for the
    FX market?

Moderator:
Galen Stops, Editor, Profit & Loss

Panel:
Rosario Ingargiola, Founder and CEO, OTCXN
Paul Houston, Executive Director, Global Head of FX, CME Group
Sanjay Madgavkar, Managing Director, Global Head of FXPB, Citigroup
Andrew Ralich, CEO, oneZero Financial Systems