First Chicago Builds Currency Options Trading In Effort To Regain Market Share


First National Bank of Chicago has quietly and systematically built up its currency options capabilities over the past year and is planning to regain its position as a premier over-the-counter currency options provider, according to Britt Swofford, First Chicago's global head of foreign exchange.

In efforts to recover lost market share since its separation from O'Connor & Associates several years ago, Swofford has added 12 currency options professionals in as many months, including senior hi