Barclays Reorganizes Forex Options Group With Push Into 'Second-Generation' Products
BANKS
In what many consider a long-overdue move to catch up with the crest of the wave, Barclays Bank is reorganizing its currency options trading with a big expansion effort. "We're making a significant push in that activity and revamping the whole area," says Jacques Mosseri-Marlio, the bank's recently appointed global foreign exchange options director.
According to Marlio, Barclays is in the process of creating a global options book in three centers, London, New York and the Far East--either Tokyo
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