Frontier currencies are becoming increasingly relevant for global portfolios, yet remain some of the most challenging markets for FX traders to navigate. Liquidity is often thin, market hours are fragmented, and price formation is shaped by a limited number of local participants and access points.

This panel provides a practical introduction to how frontier FX markets function in practice. Speakers will discuss how traders access liquidity across banks, agency brokers and local counterparts, how pricing and liquidity vary by region, and which execution channels can realistically support size. The discussion will also explore common hedging constraints, limitations around transparency and benchmarking, and the practical considerations involved in managing exposure when direct market access is restricted. A clear foundation for desks looking to expand beyond traditional G10 and EM markets.