Chad Smith joins Faros Trading from RBS

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Chad Smith, head of foreign exchange bank sales for the Americas at Royal Bank of Scotland (RBS), has left the bank to join forex trading firm Faros Trading in Stamford, Connecticut.

Smith started on the Faros sales desk on December 1 and reports to head of sales Brad Bechtel. Prior to RBS, he had worked at UBS and Lehman Brothers.

"We are expanding our unique offering of independent and quality content and execution services to our clients. This past year has been a watershed year for Faros, as

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