>
Big China Story Seen by Pimco in Hands of Bond-Index Compilers
Big China Story Seen by Pimco in Hands of Bond-Index Compilers
Sunday,13/03/2016|14:00GMTby
Bloomberg News
Fund managers say global markets are underestimating the impact on China of a small group of specialists: bond index compilers.Pacific...
Fund managers say global markets are underestimating the impact on China of a small group of specialists: bond index compilers.
Pacific Investment Management Co. and AXA Investment Managers Asia Ltd. say the government’s opening up of its interbank debt market to foreign investors means the nation will be added to world benchmarks sooner than expected. While Citigroup Inc., Barclays Plc and JPMorgan Chase & Co. are being coy for now, brokerages are predicting inclusion will lead to a fivefold surge in foreign holdings of yuan debt by 2020.
“Market participants seem to have underestimated the chance for inclusion of China’s bond market into global indexes," said Aidan Yao, a senior economist at AXA Investment in Hong Kong. "As the world’s third-largest bond market, foreign investor interest in onshore debt is rising structurally because of the need for diversified global asset allocation.”
Inclusion would bring in funds just as China’s policy makers seek to stem the yuan’s losses and finance stimulus that will widen the budget deficit to a record 3 percent of gross domestic product this year. Standard Chartered Plc estimates that a 5-8 percent weighting in the Citigroup index may bring inflows of $100 billion to $160 billion from index-tracking fund managers alone. Foreign investors have been leaving China’s debt market at a record pace this year with the currency posting the biggest three-month decline through January since 1994.
“Chinese bonds are likely to be included in major bond market indexes sooner than expected -- probably in the next year or two," Luke Spajic, an emerging-market money manager at Pimco, wrote in a March 3 blog. He said in a Feb. 25 interview that, given the details of the market opening haven’t been announced, an increase in foreign access is “probably going to be a second half of the year story and certainly a big story for 2017.”
His comments came after the People’s Bank of China said on Feb. 24 that most types of overseas financial institutions will no longer need quotas to invest in the interbank bond market, which accounts for the bulk of debt in the nation. Also, in early February, China said fund managers approved under its Qualified Foreign Institutional Investor program won’t need to apply for allocations. Open-ended funds will be able to shift money in and out of the nation’s stocks on a daily basis.
Citi Welcome
As for debt, the Citi World Government Bond Index, JPMorgan Global Bond Index-Emerging Market, and Barclays Global Aggregate Index are the biggest that are likely to consider including Chinese securities, according to Standard Chartered. Citigroup Index LLC said on March 3 it welcomes the regulatory changes geared toward opening markets and it will continue to assess China’s eligibility, Barclays said it is “monitoring the situation” and JPMorgan declined to comment.
“Citi’s welcome message implies the possibility of the onshore market being included in the index,” according to Becky Liu, Hong Kong-based senior rates strategist at Standard Chartered. The Chinese market met requirements in terms of market size and credit quality long ago, and the latest policy changes on access have largely addressed the last hurdle, she said.
Foreign holdings of China’s onshore bonds declined for a third month in February to 541.3 billion yuan, extending a record drop of 49.6 billion yuan in January, China Central Depository & Clearing Co. data show. Foreign ownership of yuan bonds is likely to rise to 8-10 percent from less than 2 percent in the next five years, Deutsche Bank AG estimated, while Standard Chartered forecast an increase of up to 7 percent by 2020.
“There are a lot of technical details from currency conversion to fund repatriation rules waiting to be sorted out, so index providers are probably waiting for them before making any moves,” said Melody He, Hong Kong-based head of capital markets at CSOP Asset Management Ltd., which has $4 billion of assets under management and holds the biggest quota for investing offshore yuan back into the mainland.
Yield, Yuan
The yield on China’s benchmark 10-year sovereign note is heading for a ninth quarterly drop, retreating 169 basis points since the beginning of 2014 to 2.87 percent on Thursday. That’s much higher than the 1.86 percent yield in South Korea and 0.81 percent in Taiwan, which are both rated at Aa3, the same as China, by Moody’s Investors Service.
The yuan has declined 4.5 percent since an August devaluation, reaching a five-year low in January before central bank intervention helped pare some of the losses.
--With assistance from Lianting Tu and Liau Y-Sing To contact Bloomberg News staff for this story: Helen Sun in Shanghai at hsun30@bloomberg.net, Molly Wei in Hong Kong at xwei56@bloomberg.net. To contact the editors responsible for this story: Richard Frost at rfrost4@bloomberg.net, Robin Ganguly, Sandy Hendry
Fund managers say global markets are underestimating the impact on China of a small group of specialists: bond index compilers.
Pacific Investment Management Co. and AXA Investment Managers Asia Ltd. say the government’s opening up of its interbank debt market to foreign investors means the nation will be added to world benchmarks sooner than expected. While Citigroup Inc., Barclays Plc and JPMorgan Chase & Co. are being coy for now, brokerages are predicting inclusion will lead to a fivefold surge in foreign holdings of yuan debt by 2020.
“Market participants seem to have underestimated the chance for inclusion of China’s bond market into global indexes," said Aidan Yao, a senior economist at AXA Investment in Hong Kong. "As the world’s third-largest bond market, foreign investor interest in onshore debt is rising structurally because of the need for diversified global asset allocation.”
Inclusion would bring in funds just as China’s policy makers seek to stem the yuan’s losses and finance stimulus that will widen the budget deficit to a record 3 percent of gross domestic product this year. Standard Chartered Plc estimates that a 5-8 percent weighting in the Citigroup index may bring inflows of $100 billion to $160 billion from index-tracking fund managers alone. Foreign investors have been leaving China’s debt market at a record pace this year with the currency posting the biggest three-month decline through January since 1994.
“Chinese bonds are likely to be included in major bond market indexes sooner than expected -- probably in the next year or two," Luke Spajic, an emerging-market money manager at Pimco, wrote in a March 3 blog. He said in a Feb. 25 interview that, given the details of the market opening haven’t been announced, an increase in foreign access is “probably going to be a second half of the year story and certainly a big story for 2017.”
His comments came after the People’s Bank of China said on Feb. 24 that most types of overseas financial institutions will no longer need quotas to invest in the interbank bond market, which accounts for the bulk of debt in the nation. Also, in early February, China said fund managers approved under its Qualified Foreign Institutional Investor program won’t need to apply for allocations. Open-ended funds will be able to shift money in and out of the nation’s stocks on a daily basis.
Citi Welcome
As for debt, the Citi World Government Bond Index, JPMorgan Global Bond Index-Emerging Market, and Barclays Global Aggregate Index are the biggest that are likely to consider including Chinese securities, according to Standard Chartered. Citigroup Index LLC said on March 3 it welcomes the regulatory changes geared toward opening markets and it will continue to assess China’s eligibility, Barclays said it is “monitoring the situation” and JPMorgan declined to comment.
“Citi’s welcome message implies the possibility of the onshore market being included in the index,” according to Becky Liu, Hong Kong-based senior rates strategist at Standard Chartered. The Chinese market met requirements in terms of market size and credit quality long ago, and the latest policy changes on access have largely addressed the last hurdle, she said.
Foreign holdings of China’s onshore bonds declined for a third month in February to 541.3 billion yuan, extending a record drop of 49.6 billion yuan in January, China Central Depository & Clearing Co. data show. Foreign ownership of yuan bonds is likely to rise to 8-10 percent from less than 2 percent in the next five years, Deutsche Bank AG estimated, while Standard Chartered forecast an increase of up to 7 percent by 2020.
“There are a lot of technical details from currency conversion to fund repatriation rules waiting to be sorted out, so index providers are probably waiting for them before making any moves,” said Melody He, Hong Kong-based head of capital markets at CSOP Asset Management Ltd., which has $4 billion of assets under management and holds the biggest quota for investing offshore yuan back into the mainland.
Yield, Yuan
The yield on China’s benchmark 10-year sovereign note is heading for a ninth quarterly drop, retreating 169 basis points since the beginning of 2014 to 2.87 percent on Thursday. That’s much higher than the 1.86 percent yield in South Korea and 0.81 percent in Taiwan, which are both rated at Aa3, the same as China, by Moody’s Investors Service.
The yuan has declined 4.5 percent since an August devaluation, reaching a five-year low in January before central bank intervention helped pare some of the losses.
--With assistance from Lianting Tu and Liau Y-Sing To contact Bloomberg News staff for this story: Helen Sun in Shanghai at hsun30@bloomberg.net, Molly Wei in Hong Kong at xwei56@bloomberg.net. To contact the editors responsible for this story: Richard Frost at rfrost4@bloomberg.net, Robin Ganguly, Sandy Hendry
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.
