Danske Bank hires Cioffi and plans global build

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Cioffi starts at the Danish bank at the beginning of March and will cover major currencies. He will report to Niklas Karlsson, global head of foreign exchange spot and options at the bank in Copenhagen.

He joins Danske from London-based online trading company ODL Securities, where he also traded spot. Before that, he worked at Citi, where he was among the top spot traders in London, according to Karlsson.

The bank also plans to open a spot desk in New York in the second quarter, once it has

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