Interest Spikes In FX Hiring

Sargent, Carolyn
November 2004
Investment Dealers' Digest;11/29/2004, Vol. 70 Issue 46, p12
Trade Publication
This article reports that after a two-year buildup of their foreign exchange desks, U.S. banks' interest in hiring foreign exchange traders and technologists spiked this fall, especially for proprietary desks — in part because the currency business remains so attractive relative to the flat equities and corporate finance markets. Actual hiring seems to have slowed a bit at the moment, due to the usual hunkering down for the bonus season, but recruiters expect it to resume with vigor early next year after bonuses are paid.


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