FX Markets

Crédit Suisse Changes FX Options Strategy; Denies 'Freezing' FX Options Credit Lines


Crédit Suisse officials in Zurich say that the bank has decided to redirect its options strategy in global trading of currency options toward customer business. "There's a certain shifting of focus going on at the moment - we're becoming more end-user oriented, rather than just a provider of liquidity to the interbank market," says global FX sales chief Mark Rees-Kohler. He says it was easier for CS's fledgling currency options group - started 15 months ago -to build interbank volume at first to

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