Fixed Income Leaders Summit: Emerging Markets 2020
March 09 - 11, 2020
The Ritz-Carlton Westchester, White Plains, NY
Dan Gelfand
Director, Emerging Market Debt
Blackrock
TUESDAY, MARCH 10TH, 2020: DAY ONE – ANTICIPATING AND MANAGING RISK
Tuesday, March 10th, 2020
2:00 PM PRESENTATION: Pricing Risk Into Your EM Trades
EM trading strategy must always account for geopolitical risk. Average trading costs in EM regions are far higher, and the spreads far wider, than those in developed markets. In addition to a higher trading cost increase, there is additional risk of information leakage that your strategy must take into account.
•Prioritize a trading strategy that reduces costs when prices are moving away from you
•Stay mindful of how often your EM trading strategy crosses the spread
•Seek out the best trading platforms and tools that can source liquidity at lower costs
