FX Markets

Scotiabank Continues Expansion Plans, Globalising Options & Opening Singapore

BANKS

Scotiabank is globalising currency options under a recently-hired manager, John Millet, says Barry Wainstein, Scotia's managing director in charge of global FX. Additionally, the investment bank went live last week in Singapore, its new centre for Asian business, he says.

Millet joins from Canadian Imperial Bank of Commerce in New York where he worked in financial products, global options and arbitrage. Wainstein also came from CIBC, where he was the global FX sales manager. He filled a new

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