Chemical London Takes Its FX Trading Room 24-Hours
BANKS
Chemical Bank, following in the footsteps of its head office, has gone 24-hours in London too, officials there confirm. The bank, which took its New York foreign exchange trading desk 24-hours last year, just starting staffing its London desk during the wee hours last month. Currently, one corporate dealer and one spot dealer man the desk until late evening; a corporate dealer then comes in overnight to cover Asian time zone trading hours.
The move underlines Chemical's ambitions to give
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