Job losses in Hong Kong as SG closes online FX trading
PEOPLE NEWS
HONG KONG – SG is cutting 15 positions in its Hong Kong office due to the closure of its online FX trading system for retail investors in Asia, called eFXtrade.
A few e-commerce staff will work on the project until August or September this year in order to close remaining client positions, a spokesperson for SG in Hong Kong told FX Week.
Meanwhile, the bank is attempting to find alternative positions for the 15 staff who worked and continue to work on eFXtrade, said the spokesperson.
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