Rising cost of credit drives corporates back to voice trading

Easyjet's Paul Phillips speaking at FX Week Europe
Paul Phillips, easyJet

The hedging of currency risk by international corporates makes up a significant chunk of the demand for foreign exchange, yet the voice of the corporate sector is sometimes under-represented in discussions on the key challenges facing the industry. In the current environment, the rising cost of credit as a result of regulatory change is one of the top concerns for many treasurers, and some say it is driving changes in the way they interact with the sell side.

As banks are driven to raise the

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