Prudential-Bache Plans Internet Trading Service

PEOPLE NEWS

LONDON--Prudential-Bache Global Markets plans to launch a proprietary internet FX trading service for its clients using an off-the-shelf product, says Richard Plane, the bank’s newly appointed co-head of global FX in London.

Plane, whose fellow co-head is Dimitro Nicolic, told FX Week Prudential-Bache has shortlisted three to four software vendors for the task but was unable to give a definite announcement date.

The appointment of Plane and Nicolic follows the departure of Gerrard Cudzil as FX

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