Speech
The Important Role of the Foreign Investor in the U.S. Treasury Market
Nordstrom, Anna (2023-11-16)
Remarks at 2023 U.S. Treasury Market Conference, Federal Reserve Bank of New York, New York City.
Speech

Discussion Paper
Towards Increasing Complexity: The Evolution of the FX Market
Chaboud, Alain P.; Chung, Lisa; Goldberg, Linda S.; Nordstrom, Anna (2024-01-11)
The foreign exchange market has evolved extensively over time, undergoing important shifts in the types of market participants and the mix of instruments traded, within a trading ecosystem that has become increasingly complex. In this post, we discuss fundamental changes in this market over the past twenty-five years and highlight some of the implications for its future evolution. Our analysis suggests that maintaining a healthy price discovery process and fostering a level playing field among participants are areas to watch for challenges. The consequences of the evolution of the FX ...
Liberty Street Economics , Paper 20240111

Speech
The FX Global Code: Progress Made and The Path Ahead
Nordstrom, Anna (2023-10-17)
Remarks at FX Markets USA, New York City.
Speech