Chemical Focuses On Asian Regionals After Closing H.K. Spot G-7 Dealing
BANKS
Chemical Bank is focusing its Asian efforts on regional currencies in Singapore, following the closure late last year of its Hong Kong spot market-making desk in G-7 currencies, says Fraser Partridge, managing director of the bank's global trading division in Asia. He adds that this focus will likely lead to development of an options business based on these currencies sometime this year.
Since the bank's Singapore office already has a strong desk making markets in G-7 currencies, says Partridge,
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