Strategists’ role in prop trading under focus in choppy markets
For banks such as CSFB, Citigroup and JP Morgan Chase, which pursue this unusual model, the practice now brings heightened risks, but also greater rewards.
Said Jason Bonanca, director in global FX at CSFB in New York: "The environment is extremely challenging. But this brings the potential for trending markets in a way we have not seen in a very long time, and there is excitement about this potential," said Bonanca -- one of three currency strategists at CSFB worldwide also responsible for
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