Barclays sees renewed momentum and innovation in 2018

Mifid II and Global Code give FX market the impetus to improve transparency and efficiency

James Hassett
James Hassett: innovation will accelerate as market participants' resources are freed up from regulatory obligations

The year ahead could see a renaissance of momentum and innovation in foreign exchange, as market participants get past their resource-intensive preparations for the second Markets in Financial Instruments Directive (Mifid II) and look for efficiencies and new solutions.

“There is a desire in the market to invest in delivering greater transparency and best execution, and improve the efficiency of the foreign exchange market even further,” says James Hassett, global head of FX trading at Barclays

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