Sales And Derivatives Dealers Win In London FX Bonus Round 2000

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LONDON--Investment banks in London announced one of the best years for bonus payouts in recent times -- with FX sales and derivatives staff scoring highest.

One recruiter in London describes the amounts awarded to the top FX sales staff and options traders as "extortionate" reporting $1 million sums paid out to sales people in London by top US investment banks.

Average payouts are about $150-350,000 for good sales staff with over four years' experience at the top US investment banks, say recr