Colt races ahead with North American expansion

The firm plans to hire a regional head by the end of September

Julie Hutchinson: "We are helping customers to trade in Europe and Asia, and we want to scale that much further"

London-based Colt Technology Services is moving to develop its US business, with plans to build out teams in New York and Chicago, and hire a North American head of sales, including of foreign exchange, by the end of September, FX Week has learned.

Colt, owned by Fidelity, one of the largest multinational financial services companies in the US, is planning the expansion as clients in North America show increasing interest in its products. Colt expressed its intention to expand this year after

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