Smith Barney's Global Forex Trading Manager Marx Outlines Future Plans

NON-BANKS

Smith Barney's recently-appointed global foreign exchange trading manager, Martin Marx, has begun implementing the investment bank's next step in focusing the business globally (FXW, July 17). Currency options and a concentration on the client side of the business are at the forefront of his near-term plans.

Over the past year, the investment house has made significant strides in building the business, including the 40-person hire of PaineWebber's options team under Marc Fiorentino last May, as

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