LOOSE CHANGE

LOOSE CHANGE

Talk that Westpac was planning to shut down its foreign exchange operation in New York, which surfaced late last week, is completely untrue according to Richard Prager, manager of the foreign exchange trading operation here. Although sources at the bank say that several traders were let go last week, "it got blown out of proportion," one source there notes. "In relation to the size of our desk and the size of our room, it wasn't that many people, we're still present, we're still active," the

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 info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

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: