Chase, JP Morgan And Others Discuss Operational Implications Of The Euro
DEALING & SETTLEMENT
NEW YORK--Global FX operations managers from Chase Manhattan Bank, First Chicago NBD, Goldman Sachs, JP Morgan and Morgan Stanley outlined their experiences of preparing for the single European currency at a conference held in New York City on June 12.
The conference was organized by the Foreign Exchange Committee, an industry body affiliated with the Federal Reserve Bank of New York.
Much of the discussion centered around implementing standard settlement instructions (SSIs) for FX deals involving
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