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COMMERZ REJIGS GLOBAL FX OPTIONS

Commerzbank has hired one FX options dealer in London and transferred another from the City to Singapore. Damian Zihlmann, previously at CSFB in London, joined in January, while G Rian Tan moves to the Lion City to run Asian FX options.

That move is a result of the bank consolidating FX, interest rate and bullion trading in Singapore, although Commerz still operates regional sales teams in Tokyo, Hong Kong and Mumbai, said a spokesperson in London last week.

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