SG closes London G-10 trading, builds agency presence

Societe Generale relocates FX desk to Paris, London agency desk to be run from Newedge offices

Societe Generale La Defense
Societe Generale offices in Paris

Societe Generale has closed its G-10 currency trading desk in London and relocated trading operations to Paris, as the bank reorganises its forex business and plans to build its agency FX presence together with Newedge, people familiar with the matter told FX Week.

The closure of the trading desk is part of a strategic rethink of the bank's FX operations, as difficult conditions and market structure changes have forced major currency players to adjust their models.

Societe Generale's London

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: