TradeTech FX Europe Daily 2026 | 页面 27

Times may not be 100 % accurate – please check the event app for the most accurate schedule.

Day One- Main Conference: Wednesday 16th of September

MAIN STAGE Track Chair: Allan Guild, Director, Hilltop Walk Consulti

12.20 Clearing & Capital Presentation: Optimising FX swaps under capital pressure: How can clearing models improve credit efficiency and settlement risk? Rising capital costs and counterparty limits are reshaping how FX risk is managed across spot, forwards and swaps. This presentation examines how selective clearing can help optimise credit usage and balance-sheet efficiency, while highlighting progress on reducing settlement risk in less standardised currencies. A practical look at where clearing delivers tangible benefits today for buy-side and sell-side participants.

Andrew Batchelor, Head of LCH ForexClear, LSEG

12.30 FX Swaps Data & Analytics Interview: Closing the data gap: How can better analytics, benchmarks and curve modelling improve pricing transparency and execution decisions? FX swaps remain one of the least transparent areas of the FX market, with pricing dispersed across bilateral streams, RFQs and voice channels. Traders face challenges building reliable curves, comparing dealers, and understanding roll and turn costs- and limited swaps-specific TCA makes it hard to assess execution quality or refine future decisions. This panel examines how improved data aggregation, curve construction, benchmarking and analytics can strengthen transparency and support smarter tenor, routing and pricing choices. Speakers will discuss what high-quality swaps data should look like, how to overcome fragmentation, and which practical tools execution teams can use today to enhance swaps pricing and decision-making. agenda

MAIN STAGE Track Chair: Gregory Armon- Jones, Managing Partner, Armon- Jones Partners

12.20- 12.40 Day-in-the-Life Interview: Inside a PM’ s workflow: How can you turn macro signals into FX positions to improve timing, sizing and portfolio outcomes? This interview-style session sheds light on how a long-only asset manager and a macro hedge fund PM translate market views into FX positioning across the investment day. Speakers will walk through how ideas are generated, challenged and implemented- from macro signals and probability-weighted scenarios through to trade structuring, risk management and execution. Discussion will explore how their investment processes differ across investment horizons and mandates, including the role of market structure, liquidity, volatility and supply-demand dynamics in shaping trades. The session will also examine instrument choice across spot, options and rates products, how different market environments influence positioning decisions, and how FX exposure fits within broader cross-asset portfolio construction. Expect a practical look at how PMs move from views to trades- including real-world examples of how ideas have been expressed across macro regimes- and where process, discipline, correlations and adaptability matter more than prediction.

Long- only PM: Andreas Koenig, Head of Global Currency Management, London, Amundi Asset Management Hedge fund PM: Diego Sapaico Izquierdo, Senior Portfolio Manager, Berenberg Wealth & Asset Management Harish Neelakandan, Co-Chief Investment Officer, AlphaEngine Global Investment Solutions

12.40- 13.20 USD Outlook Panel: USD under geopolitical stress: How can you assess USD resilience and position for policy and regime divergence? Geopolitics, policy divergence and shifting global risk appetite are reshaping how PMs assess the durability of USD strength. This panel brings together leading macro and multi-asset investors to examine whether the dollar’ s dominance remains structurally intact, or whether fiscal dynamics, policy paths and geopolitical shocks could push the system toward a more multipolar FX landscape. Speakers will discuss how elections, regional tensions, central-bank divergence and capital-flow trends influence USD behaviour, and how PMs incorporate these forces into portfolio construction and hedging decisions. A forward-looking discussion on the catalysts that matter most for USD performance- and what they imply for positioning across the next cycle.

CORPORATE CIRCLE 15 MAX PARTICIPANTS

12.20- 13.20 Corporate FX Circle: ** Closed-door & corporates only ** Modernising treasury workflows: How can you leverage AI and stablecoins to reduce FX risk and improve payment efficiency? Corporate treasuries are accelerating the use of AI to strengthen FX risk management and improve how exposures are forecast, monitored and hedged day to day. From modelling exposure drivers and tracking movements in near real time, to improving hedge timing and execution efficiency, AI is becoming a practical tool for reducing FX-driven P & L, cash flow and balance sheet volatility. Alongside this, some corporates are selectively exploring stablecoins and alternative settlement rails to enable faster, more predictable cross-border payments and improved visibility over cash flows. This session brings treasurers together to discuss what is genuinely changing today, where adoption remains constrained by data, governance and scale, and how corporate operating models are evolving in response.

Host: Travolta Mohan, Group Treasurer, Mangopay Host: Sylvie Soundaravelou, Head of Financial Markets Trading, TotalEnergies

Paul Lambert, CEO, New Change FX Moderator: Allan Guild, Director, Hilltop Walk Consulting X1 Sponsor

12.50 Alternative Liquidity Panel: Unlocking differentiated liquidity: How can non-bank market makers, agency brokers and new venue models expand liquidity access for the buy side? Non-bank liquidity providers now account for a growing share of FX flow, yet buy-side access to their liquidity remains uneven and is often shaped by routing logic, credit frameworks and onboarding constraints. Alongside this, agency brokers and new execution venues promise alternative access models, but traders still struggle to determine when- and how- these sources deliver genuinely differentiated liquidity. This panel explores what“ alternative liquidity” means in today’ s FX market, how non-bank LPs construct and internalise liquidity, and how the buy side can access it more effectively through improved connectivity, credit models and workflow design. Speakers will examine where meaningful differentiation exists, why access remains constrained in practice, and what innovation is still needed to support deeper, more transparent and scalable liquidity pools.

Michaël Soued, Head of Aggregate & Multi Asset Total Return, Ostrum Asset Management Mabrouk Chetouane, Head of Global Market Strategy, Natixis Investment Managers Neil Weller, Director, Geo-economics, Eurasia Group Patrick Ernst, Executive Director, Macro Strategist, J. P. Morgan Private Bank Moderator: David Nowakowski, Senior Strategist, Multi-asset & Macro, Aviva Investors

X3 Sponsors Julius Awick, FX Trader, Deutsche Bundesbank Senior representative, OneChronos Senior representative, LMAX Moderator: Allan Guild, Director, Hilltop Walk Consulting

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