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IndoSuez To Offer Cross Rate Options In N.Y. In January, Negotiating To Rehire Tselepis?

BANKS

In an effort to boost profits and provide better service to its corporate clients, Banque IndoSuez will introduce an assortment of cross-currency options in New York in January, sources at the bank say.

Interest in cross rate trading has taken the U.S. foreign exchange market by storm in recent years and Indo’s management has decided to begin trading options on three of the most active, the Deutsche mark/yen, pound/mark and pound/yen.

In conjunction, IndoSuez has entered into negotiations with

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