Changing role of the FX salesperson sparks debate at Afme conference
Jason Vitale, global head of FX prime brokerage and FX clearing at Deutsche Bank in London, said the possible introduction of mandatory clearing and trading on swap execution facilities (Sefs) in the US will inevitably put new demands on the FX salesperson.
"Portions of the market will be cleared and portions will be traded on Sefs, but as things become more complex, the services you then have to sell and where profit centres are created will change. It will force us away from a world where a
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