Fidelity Forex President Sets Wheels In Motion For Growth

NON-BANKS

Fidelity Forex, the FX dealing arm of its broker/dealer affiliate, Fidelity Capital Markets, plans additional hires in its Boston head office, as well as new dealing operations in London and the Far East, officials say.

Said Signor, president of the fledgling operation, says he is also working on an "unusual product" geared for retail customers, which should be available towards the end of the year.

Fidelity Forex, which started trading in the first quarter, was established by Signor, who joined

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