FX Week, February 8, 1991

Merrill Lynch hires Slater to head N.Y. FX

Merrill Lynch Foreign Exchange in New York ended its year-long search last week by tapping Mark Slater to head its foreign exchange trading operation. Slater will oversee a 20-person trading unit that is active in spot, forward and proprietary foreign exchange trading.

Echo hopes to go live in 1992, says Duncan

The European banks involved in the European Clearing House Organisation (Echo) multilateral netting project are moving

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