There are few stabilising  1  BIS Review 97/2000  speculators so the exchange rate moves a long way; but because the rate moves a long way, there are few who are willing to take on the risk of stabilising speculation. This lack of contrarian position-taking might reflect some relative lack of information about these economies, which should be straightforward to remedy.
In this respect therefore, I urge you to observe your duty of strict confidentiality with regards to customer information. Furthermore, I encourage you to continue to review periodically the Code of Conduct to ensure that it remains relevant to the ever changing environment within the industry.