NatWest To Start Making Markets In Exotic Forwards And Options
BANKS
National Westminster Bank plans to start making markets in exotic forwards and options in a few months, bank officials there confirm. Nicholas Goulding, head of currency derivatives for NatWest, says the bank will make markets in fourteen exotics initially, but will supplement its new desk with additional currencies soon thereafter.
Although the bank currently has just one trader handling all its exotic spot transactions, officials at NatWest in London say it plans to hire three more traders to
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