Smith Barney's Global Forex Trading Manager Marx Outlines Future Plans
NON-BANKS
Smith Barney's recently-appointed global foreign exchange trading manager, Martin Marx, has begun implementing the investment bank's next step in focusing the business globally (FXW, July 17). Currency options and a concentration on the client side of the business are at the forefront of his near-term plans.
Over the past year, the investment house has made significant strides in building the business, including the 40-person hire of PaineWebber's options team under Marc Fiorentino last May, as
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