Bank of America e-FX Ready, Expands Forex Sales And Trading Operations
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NEW YORK—Bank of America is preparing for the launch of its internet FX trading services and aggressively expanding FX sales and trading operations, according to global head of sales Chris Mandell.
Critics have pointed out that BoA’s system has been some time in the making, but Mandell refutes these suggestions: “A three-month wait is less important than getting the business model right.
“We’ve quietly watched our peers roll out their e-dealing services with mixed successes. Although we’ve been
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