Dresdner Bank Plans Start-Up In May Of New Global Currency Options Book

BANKS

Dresdner Bank will be starting up a global book in currency options at the end of May, officials say. The German bank will begin trading a full range plain-vanilla and exotic options in the majors, and will be trading options in minor, particularly Asian, currencies as well, says foreign exchange and precious metals director Victor von Klemperer.

"We will be trading a broad spectrum of products - all the European currencies and other majors, as well as minors, he says. "We will be extremely

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