First Chicago NBD Places Responsibility For Chicago FX Trading Under Markin

BANKS

First Chicago NBD has shifted the foreign exchange hierarchy in its Chicago office, naming Ken Markin as head of FX spot, forward and options trading for the room, officials say. Meanwhile, Steve Fowler was appointed to the new post of chief dealer for FX options.

Separately, spot chief dealer Steve Matsuo has resigned after 13 years with the bank, say officials. Matsuo was the chief dealer for the last three years. His current whereabouts could not be determined by press time. Matsuo will be

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