Fears For Foreign Exchange Job Losses Unfounded


LONDON--Atriax’s announcement of a planned 2001 launch last week spawned press reports of potential job losses in an industry already hit by banking and currency consolidation.

But industry sources have said fears of massive redundancies in FX trading and back office roles are unfounded and any further reduction in trading roles will be gradual and likely be made up in other areas.

Dan Morehead, chief executive of Atriax in London, says the move to internet trading in FX is part of a continual

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: