Fixed Income Leaders Summit: Emerging Markets 2019

March 11 - 12, 2019

The Ritz-Carlton Westchester, White Plains, NY

Garth Appelt


Managing Director & Head, Foreign Exchange & Derivatives
Mizuho Americas


3:05 PM Presentation | FX Custodians And Their Place In Modern-Day Trading

FX deals executed as part of a securities transaction and settled by a custodian represent a large percentage of the interbank FX market, but this seems to be changing as time goes on. Lack of transparency in profits and the easing of trading FX directly with the market are certainly not helping custodians. In today’s world, where do FX custodians fit in? In this presentation, you will delve into:
  • Declining use of custodians in EM and what this means for the market moving forward The risks, as well as benefits, of working with FX custodians for 2019/2020
  • The race for custodians to have the tightest spread possible - and avoiding a race to the bottom when volume is limited



Check out the incredible speaker line-up to see who will be joining Garth.

Download The Latest Agenda