2025 Agenda
2nd July 2025 | Woolwich Works, London
2nd July 2025 | Woolwich Works, London
The CMX 2025 agenda is designed with input from our Advisory Board, comprising leading buy side professionals. Designed to address the evolving needs of the modern trading desk, the agenda combines expert insights, tailored content, and collaborative discussions to deliver actionable solutions.
Whether you’re a Cross-Asset trading technologist, a single-asset senior trader, or a Head of Trading, the CMX agenda empowers you to customise your experience across Equities, Fixed Income, FX, or Cross-Asset trading.
What to Expect:
– Tailored Streams: Dedicated sessions for Equities, Fixed Income, and FX, plus a new stream for Heads of Trading covering Cross-Asset strategies.
– Interactive Formats: Engage in masterclasses and roundtables under Chatham House Rule (no press, no attribution), fostering open, candid discussions.
– Advisory-Driven Content: Agenda topics shaped by consultation with buy side leaders to address critical challenges, such as optimising desk performance, leveraging technology, and navigating regulatory complexities.
– Collective Challenges: Explore plenary sessions tackling shared issues across asset classes, offering a broader perspective on the trading landscape.
Why Attend?
CMX is more than just an event—it’s a platform for creating impactful change. With its buy side focus and commitment to promoting best practices, CMX offers a secure, collaborative environment for trading professionals to connect, learn, and thrive.
Join for morning refreshments in The Exchange
08.50: CMX Curtain Raiser and Welcome Remarks
David McClelland, Technology Reporter, BBC Presenter and Transformation Lead in Financial Services, Media and Telecoms
09.00: CMX Headliner: From vision to reality – what should a modern trading function look like if you were to build it from the ground up today?
Eric Böss, Global Head of Trading, Allianz Global Investors
09.20: Leadership Xchange: Breaking boundaries – evaluating the benefits of Cross-Asset trading gurus vs. single-asset trading specialists
Sabina Awan, Former Head of Strategic Initiatives, Fidelity International
Rich Turner, Senior FX and Equities Trader, Insight Investments
Sam Knight, Director of Global eTrading, Fidelity International
10.00: CMX Interview: The data dilemma – how to balance cost with transparency
Matthew Coupe, EMEA Co-Chair, FIX Trading Community
10.20 – 11.00: Morning Refreshments in The Exchange
12.45 – 14.00: Lunch and Networking in The Exchange
14.00: Leadership Xchange: T2, T1, the path to T0 and blockchain potential
Moderator: Allan Guild, Director, Hilltop Walk Consulting
14.40: CMX Case Study: Real-asset tokenisation – proof of concept: a game changer for institutional trading?
15.00: Leadership Xchange: AI – is it really living up to the hype?
Cathy Gibson, Global Head of Trading, Ninety One Asset Management
15.50 – 16.30: Afternoon Refreshments in The Exchange
16.30: Fireside Chat: Upscaling your tech – overcoming legacy infrastructure to improve innovation
16.50: CMX Start-up Spotlight: Meet the Cross-Asset disruptors
Immerse yourself in the world of financial innovation as three pioneering start-ups take the stage to present their cutting-edge solutions. Handpicked by CMX for their potential to address critical challenges in trading, these start-ups will pitch their groundbreaking technologies.
Engage with the future of finance and witness how these innovators are poised to transform traditional business models and elevate trading efficiency. Cast your vote to decide which solution stands out as the most promising.
17.10 – 19.00: Happy Hour on The Hive! Unwind with your colleagues and peers with food, drink and games, as well as music
19.00: Close
10.20 – 11.00: Morning Refreshments in The Exchange
11.00 – 11.20: CMX Debate: Can traditional investment banks live up to the rise and threat of non-traditional market makers?
Moderator: Matthew Coupe, EMEA Co-Chair, FIX Trading Community
Joe Bellman, Dealing Manager, Arbuthnot Latham & Co
11.20 – 12.00: EQ Roundtables, Round 1
Join our dynamic roundtables, led by industry experts, where 8-10 buy side professionals engage in innovative discussions. These sessions are designed to spark transformative market structure and technology initiatives, all within a confidential environment that encourages open and rich idea exchange.
Roundtable 1: From low- to no-touch – how far can you take your automation capabilities?
Storyteller: Joe Bellman, Dealing Manager, Arbuthnot Latham & Co
Roundtable 2: Navigating the evolving landscape of Equity ETFs – innovations, opportunities and alternative ways to execute.
Roundtable 3: The rise of bilateral liquidity – how are the buy side interacting with direct-to-market trading?
Storyteller: Christopher Hughes, Equity Trader, Royal London Asset Management
Roundtable 4: Off-exchange Equities – assessing the alternative means of accessing liquidity that are bearing fruit.
Roundtable 5: Bridging the gap – strategies for harmonising primary and secondary Equity markets.
Storyteller: Stuart Lawrence, Head of UK Equity Trading, UBS Asset Management
Roundtable 6: Broker scorecard development – driving performance and transparency to improve trading outcomes.
12.05 – 12.45: EQ Roundtables, Round 2
Roundtable 1: High-touch workflow – how are the buy side utilising block-crossing networks and engaging with brokers?
Roundtable 2: Evaluating algo performance – building systems to select optimal algorithms for market conditions and order types.
Roundtable 3: Turning raw data into trading gold – strategies to navigate a sea of Equity execution data.
Storyteller: Neil Palan, Multi-Asset Dealer, Sarasin and Partners
Roundtable 4: AI for Equities – where can AI and algorithms do the heavy lifting on the trading desk?
Roundtable 5: Rise of alternative venues – innovative strategies for accessing and unlocking hidden pockets of liquidity.
Roundtable 6: TCA 2.0 – reviewing cost-effective ways of upscaling your pre-trade analytics.
Storyteller: Callum McPherson, Head of Dealing, Evenlode Asset Management
12.45 – 14.00: Lunch and Networking in The Exchange
14.00 – 14.50: EQ Workshops, Round 1
Engage in our focused, expert-led workshops tailored to enhance knowledge and skills in specific industry areas. Limited to 15-20 participants, these sessions ensure a professional and in-depth learning experience designed to address some of the biggest challenges you face in each asset class.
Workshop 1: Establishing signals amongst the noise – using AI to revolutionise your pre-trade analytics.
Workshop 4: Blockchain technology – a potential enabler for T+0?
15.00 – 15.50: EQ Workshops, Round 2
Workshop 1: Gaining an edge – identifying pain points to improve trade automation and performance.
Workshop 4: Building the smart desktop – bridging the gap of technology, data and fragmented systems for scalability.
15.50 – 16.30: Afternoon Refreshments in The Exchange
16.30: Fireside Chat: Upscaling your tech – overcoming legacy infrastructure to improve innovation
16.50: CMX Start-up Spotlight: Meet the Cross-Asset disruptors
Immerse yourself in the world of financial innovation as three pioneering start-ups take the stage to present their cutting-edge solutions. Handpicked by CMX for their potential to address critical challenges in trading, these start-ups will pitch their groundbreaking technologies.
Engage with the future of finance and witness how these innovators are poised to transform traditional business models and elevate trading efficiency. Cast your vote to decide which solution stands out as the most promising.
17.10 – 19.00: Happy Hour on The Hive! Unwind with your colleagues and peers with food, drink and games, as well as music
19.00: Close
10.20 – 11.00: Morning Refreshments in The Exchange
11.00 – 11.20: CMX Debate: Is there a future for the off-the-shelf, Fixed Income EMS?
11.20 – 12.00: FI Roundtables, Round 1
Join our dynamic roundtables, led by industry experts, where 8-10 buy side professionals engage in innovative discussions. These sessions are designed to spark transformative market structure and technology initiatives, all within a confidential environment that encourages open and rich idea exchange.
Roundtable 1: Cracking the code – how to automate bond trading effectively.
Roundtable 2: Establishing the best path to trade- assessing the pros and cons of different liquidity sources.
Roundtable 3: Resolving pricing discrepancies – data-driven strategies for better, more accurate pricing.
Storyteller: Eric Murphy, Multi-Asset Trader, Irish Life Investment Management
Roundtable 4: Upping your TCA game – effective data gathering and analysis techniques for more informed decision making.
Storyteller: Ash Sharma, Trading Analytics Manager, Aviva Investors
Roundtable 5: The resurgence of bilateral trading – navigating challenges and managing relationships for better control and price discovery.
Roundtable 6: SMA best practice – trading approaches and operational considerations to manage multiple SMAs under one roof.
12.05 – 12.45: FI Roundtables, Round 2
Roundtable 1: Optimising ETF trading – enhancing workflow, speed and volume.
Roundtable 2: Alternative trading venues – reviewing new liquidity avenues for more cost-effective trading.
Roundtable 3: Rethinking the role of the EMS – finding solutions for the unique needs of bond trading.
Roundtable 4: Streamlining new issuance – how to challenge the traditional book building process.
Roundtable 5: Knowledge is power – finding the winning TCA formula.
Roundtable 6: Portfolio trading excellence – identifying which providers excel in and are adapting to an evolving landscape.
12.45 – 14.00: Lunch and Networking in The Exchange
14.00 – 14.50: FI Workshops, Round 1
Engage in our focused, expert-led workshops tailored to enhance knowledge and skills in specific industry areas. Limited to 15-20 participants, these sessions ensure a professional and in-depth learning experience designed to address some of the biggest challenges you face in each asset class.
Workshop 2: Ascending the automation ladder – exploring the pinnacle and boundaries of automated credit trading.
Workshop 4: Blockchain technology – a potential enabler for T+0?
15.00 – 15.50: FI Workshops, Round 2
Workshop 2: The push for centrally-cleared repo – how is this shaping the future of repo trading?
Workshop 4: Building the smart desktop – bridging the gap of technology, data and fragmented systems for scalability.
15.50 – 16.30: Afternoon Refreshments in The Exchange
16.30: Fireside Chat: Upscaling your tech – overcoming legacy infrastructure to improve innovation
16.50: CMX Start-up Spotlight: Meet the Cross-Asset disruptors
Immerse yourself in the world of financial innovation as three pioneering start-ups take the stage to present their cutting-edge solutions. Handpicked by CMX for their potential to address critical challenges in trading, these start-ups will pitch their groundbreaking technologies.
Engage with the future of finance and witness how these innovators are poised to transform traditional business models and elevate trading efficiency. Cast your vote to decide which solution stands out as the most promising.
17.10 – 19.00: Happy Hour on The Hive! Unwind with your colleagues and peers with food, drink and games, as well as music
19.00: Close
10.20 – 11.00: Morning Refreshments in The Exchange
11.00 – 11.20: CMX Case Study: Interest rate cuts – what role will they play in shaping the future of FX trading?
11.20 – 12.00: FX Roundtables, Round 1
Join our dynamic roundtables, led by industry experts, where 8-10 buy side professionals engage in innovative discussions. These sessions are designed to spark transformative market structure and technology initiatives, all within a confidential environment that encourages open and rich idea exchange.
Roundtable 1: The FX automation drive – what technology is streamlining the most intricate parts of FX trading?
Roundtable 2: Turning data into action – how can digging into FX reject code data lead to positive results?
Roundtable 3: Data-driven FX approaches – buy side strategies to effectively evaluate your trading performance.
Roundtable 4: Pre-trade FX analysis – how to ensure you are receiving honest assessments of your FX trading to make better decisions.
Roundtable 5: Alternative FX liquidity – which liquidity pools are gaining traction and adding value?
Roundtable 6: Building trust and transparency for the benefit of all – showcasing the tangible, positive outcomes of embracing the global code.
12.05 – 12.45: FX Roundtables, Round 2
Roundtable 1: Accelerated settlement – steps to mitigate risk around misaligned settlement cycles.
Roundtable 2: FX hedging – strategies to generate returns on the back of lower interest rates.
Roundtable 3: Streamlining forwards and fixing workflows – strategies for cost savings and process optimisation.
Roundtable 4: Optimising NDF trading – speed, efficiency and advanced algorithms for execution best practices.
Roundtable 5: SOR and dynamic dealer selection – data and algos for FX optimisation.
Roundtable 6: Ethics around FX – the importance of understanding the actions of your trading.
Roundtable 7: Pricing options- solving the conundrum as a buy side cohort.
12.45 – 14.00: Lunch and Networking in The Exchange
14.00 – 14.50: FX Workshops, Round 1
Engage in our focused, expert-led workshops tailored to enhance knowledge and skills in specific industry areas. Limited to 15-20 participants, these sessions ensure a professional and in-depth learning experience designed to address some of the biggest challenges you face in each asset class.
Workshop 3: Challenging the status quo – how is the new liquidity order reshaping FX trading?
Workshop 4: Blockchain technology – a potential enabler for T+0?
15.00 – 15.50: FX Workshops, Round 2
Workshop 3: FX futures vs. OTC forwards – operational and strategic integration for cost, transparency and efficiency gains.
Workshop 4: Building the smart desktop – bridging the gap of technology, data and fragmented systems for scalability.
15.50 – 16.30: Afternoon Refreshments in The Exchange
16.30: Fireside Chat: Upscaling your tech – overcoming legacy infrastructure to improve innovation
16.50: CMX Start-up Spotlight: Meet the Cross-Asset disruptors
Immerse yourself in the world of financial innovation as three pioneering start-ups take the stage to present their cutting-edge solutions. Handpicked by CMX for their potential to address critical challenges in trading, these start-ups will pitch their groundbreaking technologies.
Engage with the future of finance and witness how these innovators are poised to transform traditional business models and elevate trading efficiency. Cast your vote to decide which solution stands out as the most promising.
17.10 – 19.00: Happy Hour on The Hive! Unwind with your colleagues and peers with food, drink and games, as well as music
19.00: Close
10.20 – 11.00: Morning Refreshments in The Exchange
11.00 – 12.00: Head Trader Think Tank: Peak alpha – elevating the role of your trading desk
Cathy Gibson, Global Head of Trading, Ninety One Asset Management
12.05 – 12.45: Head Trader Think Tank: Outsourced trading – balancing cost vs. efficiency in the drive for global alpha
Hosted by: Christie Goncalves, Portfolio Manager, Rathbones Wealth Management
12.45 – 14.00: Lunch and Networking in The Exchange
14.00 – 14.50: Head Trader Think Tank: Overcoming barriers, improving transparency and promoting standards
Cathy Gibson, Global Head of Trading, Ninety One Asset Management
15.00 – 15.50: Head Trader Think Tank: What will AI mean for my job?
Hosted by: Rebecca Healey, Founder, MindfulMarkets.AI, Redlap Consulting Ltd.
15.50 – 16.30: Afternoon Refreshments in The Exchange
16.30: Fireside Chat: Upscaling your tech – overcoming legacy infrastructure to improve innovation
16.50: CMX Start-up Spotlight: Meet the Cross-Asset disruptors
Immerse yourself in the world of financial innovation as three pioneering start-ups take the stage to present their cutting-edge solutions. Handpicked by CMX for their potential to address critical challenges in trading, these start-ups will pitch their groundbreaking technologies.
Engage with the future of finance and witness how these innovators are poised to transform traditional business models and elevate trading efficiency. Cast your vote to decide which solution stands out as the most promising.
17.10 – 19.00: Happy Hour on The Hive! Unwind with your colleagues and peers with food, drink and games, as well as music
19.00: Close
Main Stage
Hear from cutting-edge industry leaders during exclusive, 20-minute CMX talks and our panels with a representative from each part of the trading value chain for sessions across all asset classes, or to an asset class-specific cohort to provide critical industry updates as a market pioneer.
Asset Class-Specific Roundtables
Our roundtables are moderated by an industry leader, facilitating a group conversation amongst 8-10 buy side participants and designed to help drive forward key market structure and technological initiatives. They operate under Chatham House, allowing for an open dialogue and free flow of ideas in a trusted setting.
CMX Workshops
Private sessions led by an industry thought leader in a particular field, designed to educate and enhance knowledge in a particular area of the industry. Each workshop is open to 12-15 buy side attendees to promote an open, interactive learning experience.
Buy Side 121 Meetings
Want a more tailored, intimate experience? Speak to a member of the CMX team who are on hand to organise dedicated 20-minute, 121 meetings on the day. The 121 meeting concierge service is available to all buy side attendees.