Volatility is set to rise in 2015 with investors' confidence impacted positively on the one hand by the US economy performing well and negatively by Europe performing badly, according to Adam Reynolds, Asia-Pacific chief executive of Saxo Bank and Saxo Capital Markets, during an interview with FinanceAsia.
Liberalisation of China's capital markets will continue apace in 2015. This opening up will include ironing out settlement uncertainties for the Hong Kong-Shanghai Stock Connect scheme and further liberalisation around the Shanghai Free Trade Zone in China and trading of commodity futures priced in renminbi.
When the US raises interest rates, Asia will be more insulated from the fall out, such as Taper Tantrums, than it has been in recent years.
Turning to his own industry, Reynolds said that brokers will continue to see their commissions squeezed by a shift to electronic trading in Asia.
