Home / Business and Economy / Citigroup Boosts FX Options Team Amid Trading Surge
Citigroup Boosts FX Options Team Amid Trading Surge
28 Jul
Summary
- Citigroup appointed three senior traders to its FX options team.
- Eric Poon, formerly of BNP Paribas and OCBC, joins as director.
- These appointments come as trading activity in FX options accelerates.
Citigroup Inc. has proactively bolstered its foreign-exchange options division with the appointment of three seasoned traders. This strategic move aligns with a notable acceleration in trading activity across the foreign-exchange options market. The Wall Street institution has welcomed Eric Poon to its team.
Poon, who brings with him prior experience from institutions like BNP Paribas SA and Oversea-Chinese Banking Corp., has been appointed as director. He will specifically focus on the FX emerging-market options desk in Asia. This expansion within Citigroup's trading ranks indicates a strong response to current market dynamics and future growth prospects.
