FX markets have been characterised by persistently low implied volatility punctuated by sharp, short-lived spikes, raising questions about how volatility is traded across FX markets. This panel explores how PMs trading FX and options adapt strategies across shifting volatility regimes, particularly when realised and implied volatility appear disconnected from macro and geopolitical risks. Speakers will discuss how they trade through extended low-vol environments, manage option exposures and systematic volatility strategies, and adjust positioning when volatility spikes quickly mean-revert. A practitioner-led discussion on calibrating exposure as regimes evolve, and integrating volatility signals into FX and multi-asset decision-making.

As access to alternative datasets and analytical tools accelerates, the challenge for PMs is no longer data availability but intelligent integration. This session explores how investment teams blend discretionary judgment with model-driven insights, macro indicators, sentiment datasets and behavioural signals to refine FX decisions. Speakers will examine how PMs filter and prioritise information, identify valuable datasets and incorporate early-warning indicators. The discussion will highlight where alternative data has delivered clear value, where it remains inconclusive, and how PMs can build disciplined workflows that connect data, analytics and human insight into a coherent decision-making framework. A pragmatic conversation on improving FX decisions through smarter, more balanced use of data.