The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Foreign Exchange

Guest columnists: From Oanda, JPMorgan, Deutsche Bank

I am almost ready to take what I consider a well-earned break and I have lined up some interesting columnists to fill the gap while I’m away. The articles will cover the evolution of retail FX and its potential growth at one end of the spectrum, to the development of index and structured products at the other.

Ultimately, I think the objectives for all three columnists are similar; they are all looking to attract fresh, non-traditional participants to the market.

Next week’s piece is from Oanda’s Michael Stumm and Richard Olsen. The company is a generally well-regarded retail platform and its success has been interesting to watch, especially as it has never indulged in heavy marketing or advertising. In fact, its marketing budget has been run on what Richard once told me idiosyncratically was a “boot strap”. Instead, it has relied very much on word of mouth to attract new customers; it will no doubt be pleased to have seen that it is now recognized as a reliable source of data by no less an organization than the US Internal Revenue Service.

Retail FX: the triumph of hope over experience  

Oanda’s Michael Stumm and Richard Olsen

"What are the new economies of retail currency trading and why will some big players find it impossible to catch up?"

If you can’t get carry, go for correlation

Tim Owens, head of currency and commodities solutions, JPMorgan

"FX volatility is still trading well below its long-term mean"

Now is the time for investable FX indices

Jason Batt, Head of currency index products, complex risk trading, global foreign exchange at Deutsche Bank

"The demand for investable FX indices has been driven by a structural appetite for uncorrelated absolute returns and a tactical search for value. Why now?"

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree