“ Anything can spike that movement so we just need to make sure that we ' re there and ready .”
MICHAEL SILK jurisdictions have different levels of volatility , different approaches to market structure - whether that be relating to front middle- or back-office - as well as varying levels of electronification across their markets .
“ If banks are trying to specialise in particular countries or regions , you ' ve got to be on board with them . You can ' t ignore them even though some of our tier one banks are present in those markets ,” says
“ It ' s not necessarily taking a price , often we ’ re out there just working a price instead .”
DAVID WATLING
Ben Thompson , emerging markets local currency trader who has been with BlueBay for a decade .
RBC BlueBay now uses FXall and MarketAxess in its emerging markets businesses , however , when Thompson began trading emerging markets , the electronic platforms offerings were limited , in particular for bonds or FX .
“ I ' m very limited on the size of flow which I ' ll put down the platforms , particularly in the less liquid market ,” he adds . “ It is mainly used for smaller inflows , outflows , market adjustment trades , anything large or sensitive
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