Saxo is working on a new options trading service, set for launch in Q4
Saxo Bank has hired an execution and
clearing veteran from Deutsche Bank to head up its new prime
The firm has hired Gerard Lelliott in
London, most recently director for global product management,
execution and clearing at Deutsche, to run the new prime
brokerage service, dedicated to the institutional sector.
"After identifying a clear opportunity and
requirement from the market, we are building a prime brokerage
desk," Patrice Henault, head of futures and listed options at
Saxo Bank, told FOW.
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