StanChart looks to cut reliance on human traders

Bank encouraging salespeople to quote prices directly from internal pool of prices

Standard Chartered on Boat Quay in Singapore

Standard Chartered has cut its reliance on human traders and is instead encouraging FX salespeople to quote prices to clients directly from its newly created internal price pool, in a bid to streamline operations amid a wider overhaul.

The strategy refocus comes amid a re-organisation across FX, rates and credit, and it includes the bank's forwards and options operations in New York, which will migrate to London and Singapore.

The bank will look to take advantage of more effective

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