Both regulation and e-trading has changed the buy side perception of the sell side value proposition. As banks become more restricted on the risk they can take in FX markets, more agency like models have come to the fore. This contentious debate will provide both sides of the argument on what model is best suited for your trading operations. Attend this debate and decide for yourself:

• Is it now much more efficient for banks to act as agency and execute trades for clients, or is the principal model still the most reliable form of trading?
• Does increasingly electronic markets mean agency like models are inevitable in FX, or will principal based models remain the dominant form of trading?
• Will there always be the need for a principal broker in FX or are they a dying breed?
• Do the advantages of e-trading such as improved reliability outweigh the disadvantages such as the loss of the human touch in FX trading?

As seen throughout the themes of this conference, the FX industry is in the midst of going through radical change, from both a regulatory and technological aspect, but when the dust settles how will the market operate? This forward looking panel will look into their crystal ball and discuss how they expect the FX market to develop over the next 10 years, along with input from the audience. Attend this final interactive session where our panellists will discuss:

• As markets become more electronic, what does this mean for FX trading and the future of FX trading and portfolio management skills?
• What role will the sell side, platforms, and technology providers play in 2025??
• Will there be a consolidation of market makers in the future -and where will the banks be sourcing liquidity?
• Which types of technological innovation do we expect to transform the FX market in the next 10 years?