It causes a significant volatility, but analysts suggests the process is only halfway complete.
This shift impacts the Swiss franc as investors seek safe-haven assets amid economic uncertainties.
The
financial world is on edge as a massive unwinding of the carry trade continues
to reverberate through global markets. This popular trading strategy, which
involves borrowing in low-interest currencies like the Japanese yen and
investing in higher-yielding assets, is experiencing a significant reversal
that has caught many investors off guard.
Yen Carry Trade Unwind
Sends Ripples through Global Markets
The
Japanese yen has surged against major currencies in recent weeks, appreciating
nearly 7% against the US dollar since mid-July. This rapid move has forced many
traders to liquidate their carry trade positions, leading to increased
volatility across various asset classes.
At the
beginning of last month, one dollar was worth more than 160 yen, the highest
value in several decades. However, a month later, the same dollar was exchanged
for only 142 yen, the lowest since the beginning of the year.
Market
experts are closely monitoring the situation, with some suggesting that the
unwinding process may only be halfway complete. Historically, Japan's negative
interest rates and a weakening yen made it an attractive proposition for
investors seeking higher returns. By borrowing yen at low rates and investing
in higher-yielding assets, traders could profit from both interest rate differentials
and potential currency appreciation.
Michał Stajniak, the Deputy Director of the XTB Analysis Department
“However,
this dynamic has shifted dramatically in recent months,” explained Michał
Stajniak, the Deputy Director of the XTB Analysis Department. “Speculation is
rife that the Bank of Japan (BoJ) could raise interest rates as high as 1% in
the coming months, while according to the market, the Federal Reserve is expected to
cut rates by 100 basis points this year.”
Central
banks are now facing a challenging balancing act. The Federal Reserve, in
particular, finds itself in a precarious position. While economic data might
suggest the need for interest rate cuts, such moves could potentially
exacerbate the carry trade unwind and lead to further market instability.
Moreover, the persistence of carry trade unwinding is supported by the behavior of
yen futures contracts. “The extreme short positioning in yen futures, which had
ballooned to around 240,000 contracts, has contracted to 140,000. In contrast,
long positions have surged to 65,000 from a mere few thousand in 2020,” continued
Stajniak.
Meanwhile,
the Swiss franc has also seen significant gains as investors seek safe-haven
assets. This surge has prompted concerns from Swiss exporters, who fear that an
overly strong currency could harm their competitiveness in global markets.
“Although
the largest number of carry trades took place on the USDJPY pair, it is also
worth remembering that investors also used the franc and Chinese yuan in such
transactions, so the current trend of reversal of the situation on the yen may
also affect these currencies,” Stajniak added.
At a time
when the market fears a recession in the United States, geopolitical tensions
have been as high as a tightrope for over two years, and significant volatility
in the Japanese financial markets has scared investors, everyone is again
looking at the Swiss franc as a potential safe haven in difficult times.
Furthermore,
analysts from State Street and Citigroup are convinced that the franc may
become the new choice for investors specializing in carry trade, replacing the
Japanese yen in the leading position. Although the CHF/JPY currency pair
reached levels of 180.0 this year, testing multi-year highs, it has since
corrected significantly and is currently testing this year's lows at the level
of 170.0.
Global Carry Trades See
Massive Unwinding, JPMorgan Reports
A
significant portion of global carry trades have been dismantled in recent
months, according to a new analysis by JPMorgan Chase & Co. The bank's
quantitative strategists estimate that approximately three-quarters of these
trades have been unwound, marking a substantial shift in the financial
landscape.
JPMorgan's
data reveals that returns across Group-of-10, emerging market, and global carry
trade baskets have plummeted by roughly 10% since May, effectively erasing
gains made earlier in the year. The pace of the selloff has been notably swift,
occurring at twice the usual rate observed during carry trade drawdowns.
The sharp rise in the JPY/USD is causing a massive unwind of Yen carry trade positions and contributing to the sharp decline in US stocks. For those who do not understand how this works, a brief explanation
“A
substantial portion of these trades, estimated at $200–250 billion, has been
unwound in recent weeks alone,” added Stajniak. “JPMorgan estimates that as
much as three-quarters of carry trade positions have been closed, wiping out
gains accumulated from the first half of this year.”
The
implications of this unwinding extend beyond the carry trade itself. Value
strategies have seen appreciation, while foreign exchange rates' momentum has
regained ground as currencies realign with interest rate directions.
Carry Trade 101
Imagine an
investor borrows Japanese yen at a 0.1% interest rate and uses it to buy
Australian dollars, which offer a 3% interest rate. If the exchange rate stays
constant, the investor could potentially earn a 2.9% profit from the interest
rate difference alone.
While
carry trades can be profitable, they come with significant risks:
Currency
fluctuations can quickly erase profits or lead to losses
Changes in
interest rates can affect the trade's profitability
Economic
and political factors can impact currency values
Carry
trades tend to perform well in stable economic environments with clear interest
rate differentials between countries, low market volatility and strong risk
appetite among investors.
The
financial world is on edge as a massive unwinding of the carry trade continues
to reverberate through global markets. This popular trading strategy, which
involves borrowing in low-interest currencies like the Japanese yen and
investing in higher-yielding assets, is experiencing a significant reversal
that has caught many investors off guard.
Yen Carry Trade Unwind
Sends Ripples through Global Markets
The
Japanese yen has surged against major currencies in recent weeks, appreciating
nearly 7% against the US dollar since mid-July. This rapid move has forced many
traders to liquidate their carry trade positions, leading to increased
volatility across various asset classes.
At the
beginning of last month, one dollar was worth more than 160 yen, the highest
value in several decades. However, a month later, the same dollar was exchanged
for only 142 yen, the lowest since the beginning of the year.
Market
experts are closely monitoring the situation, with some suggesting that the
unwinding process may only be halfway complete. Historically, Japan's negative
interest rates and a weakening yen made it an attractive proposition for
investors seeking higher returns. By borrowing yen at low rates and investing
in higher-yielding assets, traders could profit from both interest rate differentials
and potential currency appreciation.
Michał Stajniak, the Deputy Director of the XTB Analysis Department
“However,
this dynamic has shifted dramatically in recent months,” explained Michał
Stajniak, the Deputy Director of the XTB Analysis Department. “Speculation is
rife that the Bank of Japan (BoJ) could raise interest rates as high as 1% in
the coming months, while according to the market, the Federal Reserve is expected to
cut rates by 100 basis points this year.”
Central
banks are now facing a challenging balancing act. The Federal Reserve, in
particular, finds itself in a precarious position. While economic data might
suggest the need for interest rate cuts, such moves could potentially
exacerbate the carry trade unwind and lead to further market instability.
Moreover, the persistence of carry trade unwinding is supported by the behavior of
yen futures contracts. “The extreme short positioning in yen futures, which had
ballooned to around 240,000 contracts, has contracted to 140,000. In contrast,
long positions have surged to 65,000 from a mere few thousand in 2020,” continued
Stajniak.
Meanwhile,
the Swiss franc has also seen significant gains as investors seek safe-haven
assets. This surge has prompted concerns from Swiss exporters, who fear that an
overly strong currency could harm their competitiveness in global markets.
“Although
the largest number of carry trades took place on the USDJPY pair, it is also
worth remembering that investors also used the franc and Chinese yuan in such
transactions, so the current trend of reversal of the situation on the yen may
also affect these currencies,” Stajniak added.
At a time
when the market fears a recession in the United States, geopolitical tensions
have been as high as a tightrope for over two years, and significant volatility
in the Japanese financial markets has scared investors, everyone is again
looking at the Swiss franc as a potential safe haven in difficult times.
Furthermore,
analysts from State Street and Citigroup are convinced that the franc may
become the new choice for investors specializing in carry trade, replacing the
Japanese yen in the leading position. Although the CHF/JPY currency pair
reached levels of 180.0 this year, testing multi-year highs, it has since
corrected significantly and is currently testing this year's lows at the level
of 170.0.
Global Carry Trades See
Massive Unwinding, JPMorgan Reports
A
significant portion of global carry trades have been dismantled in recent
months, according to a new analysis by JPMorgan Chase & Co. The bank's
quantitative strategists estimate that approximately three-quarters of these
trades have been unwound, marking a substantial shift in the financial
landscape.
JPMorgan's
data reveals that returns across Group-of-10, emerging market, and global carry
trade baskets have plummeted by roughly 10% since May, effectively erasing
gains made earlier in the year. The pace of the selloff has been notably swift,
occurring at twice the usual rate observed during carry trade drawdowns.
The sharp rise in the JPY/USD is causing a massive unwind of Yen carry trade positions and contributing to the sharp decline in US stocks. For those who do not understand how this works, a brief explanation
“A
substantial portion of these trades, estimated at $200–250 billion, has been
unwound in recent weeks alone,” added Stajniak. “JPMorgan estimates that as
much as three-quarters of carry trade positions have been closed, wiping out
gains accumulated from the first half of this year.”
The
implications of this unwinding extend beyond the carry trade itself. Value
strategies have seen appreciation, while foreign exchange rates' momentum has
regained ground as currencies realign with interest rate directions.
Carry Trade 101
Imagine an
investor borrows Japanese yen at a 0.1% interest rate and uses it to buy
Australian dollars, which offer a 3% interest rate. If the exchange rate stays
constant, the investor could potentially earn a 2.9% profit from the interest
rate difference alone.
While
carry trades can be profitable, they come with significant risks:
Currency
fluctuations can quickly erase profits or lead to losses
Changes in
interest rates can affect the trade's profitability
Economic
and political factors can impact currency values
Carry
trades tend to perform well in stable economic environments with clear interest
rate differentials between countries, low market volatility and strong risk
appetite among investors.
Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
