Staffing and systems key for exotics

"You must start with the right traders," said Bernd Broker, head of FX for Europe at Bear Stearns in London. "Next is to find the right system to support the business and make management comfortable with the control and reporting capabilities," he told the 200 attendees at the event, which was organised by derivatives software firm Derivatech and consultancy Lepus.

The proper staffing mix, said Lutfey Siddiqi, global head of FX structuring at Barclays Capital in London, should include "overla

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