US Bancorp looks to build out FX options and technology

Jay Green US Bank
Jay Green, US Bancorp

US commercial bank US Bancorp is building out its capabilities in foreign exchange with the addition of new technology and options trading capabilities.

The bank, which is headquartered in Minneapolis, Minnesota, has a 24-hour trading desk in Chicago staffed by eight FX traders, primarily covering US corporates.

Last year, the bank hired Jay Green to head up FX trading in Chicago, following the retirement of former chief dealer Peter Thomson. Previously at Morgan Stanley in New York, where he

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