TradeTech FX 2017

September 11-September 13, 2017

Fairmont Rey Juan Carlos, Barcelona

44 (0) 20 7368 9836

David Mercer

CEO
LMAX Exchange
David is the Chief Executive of LMAX Exchange, the leading MTF for FX, authorised and regulated by the FCA. A former banking executive and currency specialist, David joined as chief executive in 2011 and has transformed LMAX Exchange into one of the UK’s fastest growing technology companies (2015 Winner - Deloitte UK Technology Fast 50, Tech Track 100 Sunday Times: 2015, 2014, 2013). Leading the industry transformation to transparent and precise execution, LMAX Exchange delivers neutral, level playing field for all market participants, regardless of status, size or activity levels. The LMAX Exchange OPEN order book is driven by streaming, no ‘last look’ limit orders supplied by institutional liquidity providers. Servicing brokers, funds, asset managers and banks, LMAX Exchange offers a range of key products, including spot FX, precious metals, commodities and equity indices, with complete pre and post-trade transparency and order execution where no ‘last look’ is standard. David will be taking part in the Panel Discussion ‘Liquidity in the spotlight - As the FX ecosystem becomes more complex, how can firms better assess FX trading opportunities via access to dealer, non-traditional dealer, and platform liquidity?’ on the 12th September and the Oxford Style Debate ‘True or false - Creating a consolidated tape in FX will become a reality in the next 5 years’ on the 12th September.


Day 1 - Tuesday 12th September 2017

11:40 AM 360° Perspective: Liquidity in the spotlight - As the FX ecosystem becomes more complex, how can firms better assess FX trading opportunities via access to dealer, non-traditional dealer, and platform liquidity?

  • Will there be further consolidation among venues and providers ahead, and if so how will this impact buy side firms as they becoming increasingly focused on finding ways to lower trading fees?

  • How can the buy side use TCA and algos to maximise their access to liquidity and demonstrate best execution?

  • Aggregating a fragmented market - how can technology help you understand liquidity conditions to make more informed trading decisions?

  • Deep liquidity vs. recycled liquidity - how can firms ensure they are getting access to the right pools of liquidity and not just ‘recycled liquidity’?

  • The unbundling of credit and execution - the rise of clearing and its impact on liquidity

12:20 PM Oxford Style Debate: True or false - Creating a consolidated tape in FX will become a reality in the next 5 years

  • Audience vote at the start of the debate to see if the audience votes for or against a consolidated tape becoming a reality in the next 5 years

  • Outlining the pros and cons - What are the benefits and drawbacks of setting up a consolidated tape in FX? Do FX markets have the need for a consolidated tape to improve transparency and create fairer market conditions?

  • Is there sufficient technology in FX to now push a consolidated tape or do FX markets still have to innovate further before this becomes a reality?

  • Has the release of the code of conduct and ongoing regulation helped to push FX markets towards a consolidated tape?

  • Audience vote at the end of the debate to see if the panelists have been able to influence the vote in favor of their argument