FX Sales Salaries Rocket, Trader Packages Decline
NEWS
LONDON -- FX salespeople in London have seen big gains in compensation packages in the last year -- while salaries for their counterparts on FX trading desks have decreased, according to industry sources and a recent salary survey from City firm Monks Partnership.
Growing competition and narrowing margins in foreign exchange due to increased electronic broking of FX have meant salespeople who can bring client lists with them to new employers are more valuable than ever. They now command the
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