Hicks Leaves Market To Launch Independent Forex Options Consultancy

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Alan Hicks, former global FX options chief for Standard Chartered Bank in London, has set up an FX options consultancy, Alan Hicks & Associates, to service large institutions interested in trading in the derivatives market.

The Surrey-based consultancy will conduct training sessions covering all aspects of FX options, including risk management techniques such as Value at Risk (VAR) methods and Capital Adequacy Directive (CAD) implications for FX market participants.

Hicks says he has been "toying

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