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Foreign exchange

Changing face of forex intervention

LONDON -- The changing nature of what motivates forex players to trade has shifted the thinking behind official intervention in the currency markets, according to James Trott, former chief dealer at the Bank of England.

ABN Amro scores CLS coup

AMSTERDAM -- ABN Amro Bank announced three clients for its third-party Continuous Linked Settlement (CLS) service last week, scoring a coup in the highly competitive market.

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