A Hundred Years of the Modern Foreign Exchange Market in London

This event, originally due to take place on 27 March at the Bank of England, is being rescheduled to later this year. We will be in touch in due course with the new date and hope you will still be available to attend.

If you have not yet registered but would like to be notified once a date is finalised please register your interest.

The modern foreign exchange market as we would recognise it today first emerged in London in 1919 when forward contracts started to be continuously traded.

This one-day workshop reflects on the evolution of this market over the last hundred years with contributions from leading economists, historians and practitioners on such topics as the international role of sterling and London market, the role of the Bank of England, currency market efficiency and predictability, and developments in of market microstructure and in fintech in the context of foreign exchange.

Event info

Date & time: To be confirmed
Location: Bank of England, Moorgate Auditorium, London

Any questions?

Please contact the Conference team at the Centre for Endowment Asset Management:

[email protected]

08:30-09:00

Registration

09:00-09:10

Welcome

  • Andy Haldane, Bank of England

09:10-09:30

Introduction

  • David Chambers, Centre for Endowment Asset Management, University of Cambridge and CEPR

09:30-10:30

Sterling and London in the International Financial System: A Long Run View

Presenter:

  • Barry Eichengreen, University of California, Berkeley and CEPR

Discussant:

  • Discussant: Jagjit Chadha, National Institute of Economic and Social Research

10:30-11:00

Refreshment break

11:00-12:00

FX market microstructure, HFT and order flows

Chaired by: Ian Marsh

Presenter:

  • Dagfinn Rime, BI Norwegian Business School, Oslo

Discussant:

  • Richard Olsen, Lykke Corp

12:00-13:00

The Bank of England and the Foreign Exchange Market

Chaired by: Olivier Accominotti, LSE and CEPR

Presenter:

  • Harold James, Princeton University

Discussant:

  • Forrest Capie, CASS Business School

13:00-14:00

Lunch break

14:00-15:00

Currency factors and FX predictability

Chaired by: Ian Marsh

Presenter:

  • Harald Lohre, Invesco Quantitative Strategies

Discussant:

  • Jason Cen, University of Exeter

15:00-15:45

Panel discussion: The 1992 sterling crisis

Panelists:

  • Norman Cumming, CR Global
  • Harold James, Princeton University
  • David Marsh, OMFIF
  • James O’Connor, Bank of England

15:45-16:15

Refreshment break

16:15-17:15

The FX Market: Today and Tomorrow

Presenters:

  • Andrew Hauser, Bank of England
  • Andrei Kirilenko, University of Cambridge and CEPR

17:15

Closing remarks

Address

Bank Of England
Moorgate Auditorium
20 Moorgate
London
EC2R 6DA

Please ensure you bring photographic ID with you (driver’s license or passport) to gain entry to the Bank. 

Travelling to the venue by car or coach

There are no parking spaces near the venue, therefore we suggest you use public transport if you can. The nearest car parks are at:

  • Thames Exchange, Bell Wharf Lane, EC4R 3TB
  • 158 to 170 Aldersgate Street, EC1A 4HY

The City of London provides more information about parking in the City.

There is no parking on Bartholomew Lane. Drivers and coach operators who drop off or pick up passengers on the double yellow lines do this at their own risk.

Judge CEAM.
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