Credit Suisse Plans Big Forex Push in London Gets Global Options Book, Proprietary Desk
BANKS
Credit Suisse is making a strong push in its London foreign exchange operation, say bank executives there. According to London treasury director Rudolph Duttweiler, those plans include the launch of a proprietary trading desk that will take short-term intraday positions and a collateralized trading desk.
But perhaps the biggest change on the horizon is the imminent move of the bank's global options trading book to the London office, says Duttweiler. "We want to streamline options trading," he
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