On Sept. 23, Trace Schmeltz of the Chicago office presented at Profit and Loss' program, "The Fundamentals of Benchmarking and the FX Fix
," which was held at the Mid-America Club in Chicago. Trace weighed in on a panel discussion entitled "FX Fixings - Is there a better way?", in which he discussed the 19 different investigations by 11 countries into allegations that the FX Fix has been manipulated. Barnes & Thornburg also helped sponsor the event, which was attended by FX traders from around the world.