TD Securities sets up London options desk

David Guarasci, global head of FX options trading, has relocated from Toronto to London to lead the initiative. Three options traders remain in Toronto while two work in Sydney. At the moment Guarasci is the only options dealer in London, but the bank may hire extra traders. "We have a strong proprietary trading and institutional client base in London and wanted to integrate a trading capability for options as part of our cross-product selling strategy," Feehan told FX Week. He added that the

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