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

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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