On Tuesday, I was fortunate enough to attend the Forex Magnates Summit in London. The annual conference plays host to participants from all areas of the FX market including brokers, payment providers, technology vendors, prime brokers, prime of prime providers and liquidity aggregators.
The conference is a two-day exhibition and conference, with different discussion panels. The industry specialists from high profile members of the FX community discussed current topics and issues.
Some of the theme’s that I took away from the event:
- The proliferation of new regulation, requires the FX industry to evolve, but also the importance of lobbying regulators as to the benefits of unique FX market setup.
- FX liquidity fragmentation also referred to as “specialisms” is a positive to service different client needs (Alpha, Beta etc).
- As a broker, we are a service provider to our clients in whatever shape or type that might be. The evolution of a relatively young and the innovation of technology provides opportunity for growth, but client servicing remains integral for long term development.
I believe that Abshire-Smith provides clients with a choice of leading technology and access to different pools of liquidity and consistent customer service.
I look forward to next years Summit.