Rabobank Opens New Dublin Foreign Exchange Room
BANKS
Rabobank, Ireland, the Dublin-based subsidiary of Rabobank Nederland, has begun trading currencies at its new dealing room, according to officials in Dublin. The new room in the tax-advantaged International Financial Services Centre (IFSC) went live recently after around seven months' preparation, says treasurer Fergus Murphy.
As a satellite of the London market, Dublin-based dealing rooms tend to average in the 10-20 position range, according to Murphy. Rabo's dealing room is 10-strong and will
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