Sell-side exodus to continue

PEOPLE NEWS

LONDON -- The recent trend for sell-side foreign exchange staff to move to firms on the buy side is set to continue, market participants told FX Week.

In the past few months, a number of high-profile forex figures from firms such as Bank of America, Credit Suisse First Boston and Credit Agricole Indosuez, have made the jump.

"The alternative investment marketplace is growing rapidly," said one London FX recruiter. "When people are looking for financial markets experience the obvious place to