TradeTech FX 2017

September 11-September 13, 2017

Fairmont Rey Juan Carlos, Barcelona

44 (0) 20 7368 9836

Chris Salmon

Executive Director, Markets
Bank of England
Chris Salmon has been the Bank of England's Executive Director for Markets since June 2014. He is responsible for all Bank operations in financial markets; management of the Bank’s balance sheet and the UK's official foreign exchange reserves on behalf of HMT; and delivering market intelligence for monetary and financial stability. Chris has worked at the Bank for over twenty years, and ecent previous positions include: Executive Director, Banking & Chief Cashier (2011 – 2014) and Private Secretary to then Governor, Sir Mervyn King (2006-2009). Chris will be delivering the Regulatory Keynote ‘The Global Code of Conduct Phase 2 – What is the adoption and adherence level currently, and how can you implement the guidelines in practice?’ on the 12th September.


Day 1 - Tuesday 12th September 2017

11:20 AM Regulatory Keynote: The Global Code of Conduct Phase 2 – What is the adoption and adherence level currently, and how can you implement the guidelines in practice?

  • What are the key findings and best practice guidelines from Phase 2 released in May 2017?

  • Addressing the thorny question of adherence and commitment to the code – what has been the initial reaction across the market?

  • How has Phase 2 of the Global Code impacted market behavior and key industry issues like last look

  • Embracing the spirit and ethos of the BIS framework – how a more transparent market benefits the industry

3:50 PM In Conversation: How should and are Central Banks intervening in the FX markets, and how is their influence growing?

  • BIS central banks have signaled their commitment by announcing that they will follow the Global Code of Conduct, and that they expect that their counterparties will do so too – what will be the consequences for those who don’t?

  • Examining the growing influence of central banks – are they playing a bigger role in the FX market and in financial markets generally, and is this going to continue to increase and at the same speed?

  • How effective have central banking policies been - have they had the desired impact to improve the economy?

  • With many Central Banks reversing recent policies, is there a limit to how far monetary policy can go?

  • Have central banks considered using algos to intervene?