TD reshuffles London forex

- Saima Farooqi
- 05 Sep 2009

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LONDON - TD Securities implemented a new structure for foreign exchange in London last Wednesday (September 2), designed to align its FX operations into a focused franchise group.

The move sees Mark August, managing director and head of FX sales for Europe, take on expanded responsibility for the bank's London currency trading business. Previously, London currency trading reported directly into rates trading as one FX, rates and trading group.

"This move to bring the currency sales and trading

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