StanChart sees record Q1 for retail FX

- Marcus Jones
- 11 May 2009

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LONDON - Standard Chartered experienced record retail foreign exchange volumes in the first quarter, boosted by investor search for yield.

"We've seen unprecedented volumes in terms of retail activity, especially around the dual currency deposits market, where there has been massive growth," said Richard Leighton, London-based global head of FX and European head of fixed-income (FI) trading at Standard Chartered. "We've got a lot of customers, especially in Asia, who have been doing

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