Kredietbank Plans To Globalize Options But Questions Remain

BANKS

Although few details have emerged, Kredietbank is planning to globalize its FX options business for corporate customers in a few months' time, says Willy Kestens, global treasurer in Brussels. The bank currently covers customers in the US and Asia from its options desk in Brussels by working extended hours.

The options desk in Brussels was set up seven years ago, says Kestens, who declines to comment on future hires for the effort. "We want to serve our customers with products," he says. "Where

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