FX faces employee shortage

Traders and sales staff in their early and mid-twenties are conspicuous by their absence, say bank officials and head-hunters. Some banks are planning to introduce, or reintroduce, graduate training schemes

"It is already an issue," said Moti Jungreis, head of London FX at Toronto-Dominion Securities. "There is definitely a lack of talent in FX below the age of 30," he said. "The problem is that if you are younger than 27–28, you lack the experience – you can’t just step into a desk. The average