Bank Of America Centralises Asian G10 Currency Trading In Singapore
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SINGAPORE--Bank of America moved its FX trading in the G10 currencies to Singapore from Hong Kong last week, as part of a reorganisation of the bank's activities in Asia.
The move brings together G10 Asian trading with emerging markets trading, which is already based in Singapore, says David Greenwald, head of FX trading in New York at Bank of America.
The bank started trading in the G10 currencies from its Singapore dealing room on December 4, says Greenwald.
Steven Nutland, previously head of FX
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