Speaking on FX Roundtable 5: Swaps evolution

Mark Molloy, as a Senior Trader at Nomura Asset Management, plays a pivotal role in FX and Fixed Income (FI) execution, covering a wide range of products including credit, rates, derivatives, CDX, investment grade (IG), high-yield (HY), and hybrid securities, as well as some emerging markets (EM) local trades. While smaller FX swaps are increasingly automated, larger transactions still require personalised attention. Mark’s role has evolved beyond mere execution to include data analysis and strategy development. With higher touch trading products becoming more automated, traders like Mark must add value to the desk through their expertise and insights. However, retaining top talent poses a challenge, as decision-makers may not fully grasp the nuances of trading, making it crucial to recognise and retain skilled traders who contribute significantly to the firm’s success.