Agenda

Agenda

2020 Agenda - FX Markets Europe

Big picture: policies, strategies & future

08:5509:05

Chairperson’s opening remarks - Day 1

08:55 - 09:05

  • Welcome address from day one's chairperson

  • FX Markets Best Banks Awards - Winners to be announced throughout agenda

09:0510:05

Is FX the only macro market left?

09:05 - 09:55

  • With short-term rates anchored, will FX attract more macro investors?

  • Why and how are FX markets changing structurally?

  • Outcomes, preparations and forecast for a post-COVID market

Andreas König

Head of Global FX

Amundi Asset Management

Andreas König is Head of Global FX at Amundi Asset Management. He joined Amundi Asset Management (previously Pioneer Investments) in 2007 as Senior Portfolio Manager Foreign Exchange and is based in the London office.

Prior to this, Andreas was Head of Foreign Exchange at Amundi's office in Munich, where he was responsible for everything relating to FX, including the dedicated currency fund, currency risk management, currency overlay, currency derivatives and currency forecasts.

Andreas has worked in the investments industry since 1994. Before joining the company in August 2000, he was employed by Commerzbank London as Deputy Head of Global Foreign Exchange Options. Prior to that, he worked in the Frankfurt branch of Commerzbank as Head of currency options (1996-1998). He started his career in 1994 as a Currency Options Trader for Commerz Financial Products GmbH in Frankfurt.

Andreas is a graduate in Business Administration from the University of Applied Sciences, Landshut. He has been a CFA® charter holder since 2003.

Roger Hallam

Chief investment officer, GFICC group

JP Morgan

Joe Little

Global Chief Strategist

HSBC Asset Management

Manos Papatheofanous

Macro strategist, senior portfolio manager

CPP Investments

Duncan Wood

Global editorial director

Risk.net

Duncan Wood is the London-based editor-in-chief of Risk.net. He was promoted to the role at the start of 2015, to lead the editorial reorganisation of the website and its print titles. Duncan had been editor of Risk magazine since July 2011. He rejoined Risk as European editor in October 2009, having originally worked for Risk and Asia Risk in London and Hong Kong as a writer and researcher between 1998 and 2000.
In the intervening years, Duncan was news editor for the Oliver Wyman-founded online start-up ERisk.com. He also worked freelance for six years while living in Germany, with his work appearing in Euromoney, Financial News, IFR, and The Wall Street Journal, as well as Risk magazine and its sister titles.
Duncan has written about derivatives and risk throughout his 17-year career in journalism. He is a Neal Awards finalist, and has also won Incisive Media's journalist and editor of the year awards.

10:0510:40

Morning break

10:05 - 10:30

10:4011:40

Geopolitical risks

10:40 - 11:40

  • How political events have spurred FX activity

  • Forecasting FX troublespots for 2021: after Argentina, Turkey and the UK ...who’s next?

  • Strategies for FX traders who want to understand the political backdrop

  • Emerging market strategies

  • US elections, Brexit and how news cycles affect the market

Guy Verberne

Chief economist

PGGM Investments

Guy Verberne is Chief Economist and responsible for all macro-economic analysis within PGGM Investment Management - the second largest Dutch pension fund service provider, with currently €175bn under management.

Guy started his career as a policy advisor at the Dutch Ministry of Finance, before moving to the banking industry, where he has worked as a senior fixed income portfolio manager, chief economist and head of strategy.

He has a master's degree in economics from Erasmus University Rotterdam, specializing in monetary economics and finance.

Elliot Hentov

Head of Policy and Research, Official Institutions Group

State Street Global Advisors

<p>Elliot Hentov is the Head of Policy and Research in the Official Institutions Group. In this capacity, he is responsible for the development of research and thought leadership as well as providing technical expertise for the group's strategic direction.</p>
<p>He joined SSGA from Standard &amp; Poor's sovereign ratings group where he was a Director and lead analyst for sovereigns and government-related entities in Central, Eastern and Mediterranean Europe. Before that, Elliot served as a political affairs officer at the United Nations headquarters in New York, advising senior officials on political and economic issues in the Middle East and Europe.</p>
<p>Elliot holds a Ph.D. from Princeton University as well as a Master's degree in international affairs from Georgetown University and has authored publications in the New York Times, Financial Times, Foreign Policy, and Washington Quarterly. He is also a member of the Advisory Board of the Official Monetary and Financial Institutions Forum in London.</p>
<p>&nbsp;</p>

Arnab Das

Global market strategist - EMEA

Invesco

Arnab Das is Global Market Strategist at Invesco in the EMEA region, based in London, and a member of Invesco’s Global Thought Leadership team. He helps develop and communicate analysis and insight on the global economy and financial markets across asset classes for clients, media, governments and central banks.

He works with Invesco’s investment teams across disciplines and regions and is a member of Invesco’s Global Investor Forum Advisory Council with a focus on global macro and emerging markets. Arnab’s research interests span economic policy, performance and reform; and economic and financial history.

Arnab joined Invesco in 2015 as Head of EM macro research for Invesco Fixed Income. He began his career in finance in 1992, and has served as Co-head of Economic Research & Strategy at Roubini Global Economics; Co-head of Global Economics & Strategy, Head of Global FX Research, and Head of EM Economics & Strategy at Dresdner Kleinwort; and Head of EEMEA Research at JP Morgan. He has also been a private consultant in global and emerging markets, as well as consulting with Trusted Sources, a specialist EM research boutique.

Arnab’s studies were in macroeconomics, economic history and international political economy. He received an AB from Princeton University in 1986 and completed his postgraduate and doctoral work at the London School of Economics in 1987-1992.

Matthew Hornbach

Global Head of Interest Rate Strategy

Morgan Stanley

Matthew Hornbach, Managing Director, Global Head of Interest Rate Strategy, MORGAN STANLEY

Matthew Hornbach is a Managing Director at Morgan Stanley and is Global Head of Interest Rate Strategy. After graduating from college, Matthew joined Morgan Stanley in 2000 as a Japanese Government Bond trader in Tokyo. Two years later, he joined the Global Interest Rate Strategy group in Tokyo as a bond market strategist for yen and non-yen interest rate products. After two years in Research, Matthew returned to trading by moving to New York to trade Treasury Inflation Protected Securities (TIPS). A desire to return to Japan prompted his next position as Head of Non-Yen Trading in Tokyo, where he specialized in US Agency MBS Pass-throughs. After six years in Japan, Matthew returned to New York to run the US Interest Rate Strategy group. In mid-2013, Matthew was named Global Head of Interest Rate Strategy where he oversees teams of strategists in New York, London, Hong Kong, and Tokyo. Matthew holds a BA degree in economics from Vassar College and is a member of Phi Beta Kappa. He is a fluent speaker of Japanese.

Laura Cooper

Macro strategist / former director of FX strategy

Bloomberg / former RBC

11:4012:40

Lunch break

11:40 - 12:40

12:4013:30

What to expect from UMR – and how to cope

12:40 - 13:30

  • The new timetable

  • OTC, listed, clearing, PB: what options are available for market participants? Optimising total margin requirements, increasing liquidity

  • How to overcome profitability concerns: tools, processes, efficiency and insights

13:3014:10

Keynote address - TBC

13:30 - 14:10

Technology and transformation

08:5509:05

Chairperson's opening remarks - Day 2

08:55 - 09:05

  • Welcome address from day two's chairperson

  • FX Markets Best Banks Awards - Winners to be announced throughout agenda

09:0510:05

Best practices in Buy-Side trading

09:05 - 10:05

  • OMSs, EMSs and automated order handling

  • FX algorithms and market volatility. Pre- and post-trade transaction cost analysis

  • A world of optimal execution: a realistic vision?

10:0510:40

Morning break

10:05 - 10:30

10:4011:40

The future for FX algos

10:40 - 11:40

  • Emerging algo types: AI, adaptive, basket and NDF algos

  • What does algo flow mean for other market participants?

  • Barriers to the adoption and evolution of algos

  • Peer-to-peer trading venues and dedicated P2P algos

11:4012:40

Lunch break

11:40 - 12:40

12:4013:30

Technology and transformation : forecasts for the next decade

12:40 - 13:30

  • AI, artificial neural networks and genetic algorithms, ML and new tools, apps and platforms to come, “hands-free hedging”

  • WFH and the new day-to-day normal: How will technology and FX respond in the post-COVID world?

  • Digital currencies, automated cryptocurrency trading, live market data from cryptocurrency exchanges

13:3014:10

Keynote address - TBC

13:30 - 14:10