2017: the year of analytics, atonement and pants

Despite the raised level of personal responsibility and accountability, FX industry participants continued to make dreams come true

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Smarty pants: Steve Rendon swapping FX options for gentlemen's undergarments was one of the most popular people stories of 2017

Analytics ruled the roost in 2017, but while the year saw a resurgence in banks’ appetite for trading currencies yet again, problems from the past lingered. The trial of former HSBC executive Mark Johnson in the US was a pivotal moment for currency traders and the industry, even as dealers move forward.

Personal accountability and responsibility have never been higher in foreign exchange markets – a development with significant consequences for the future. Following the conviction of Johnson, a

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