The Foreign Exchange Derivative Product Traders Association (FX-DPTA) disbanded at its most recent board meeting earlier this month when president Daniel Glasner of Swiss Bank resigned. As Glasner explains it, he decided that the group had made progress in persuading the Forex Club that more attention should be paid to seminars and other activities focusing on derivatives and so therefore a separate organization was not really needed.

"It is really not necessary to duplicate efforts," says Gl

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