1. Bankers Trust said it hired Ross K. McLaren to run its Brady bond trading desk. 2. A vice president and partner on the international trading desk at Cantor Fitzgerald, he was a fan of the city as an institution. 3. ABN Amro Bank, Banque Indosuez and Deutsche Morgan Grenfell all recently opened emerging markets trading desks in London. 4. In December Lehman Brothers reduced its precious metals trading desk of eight employees to two. 5. Prosecutors in Singapore, where Leeson ran the Barings trading desk, have provided few details of their investigation other than to say that it is continuing. 6. The New York Fed operates the bond and currency trading desk on behalf of the federal government, acting to influence foreign exchange and interest rate levels. 7. The unit aims to set up an institutional equities trading desk in Japan by December, and start direct sales of mutual funds to individual investors early next year. 8. The unexpected drop will drive Japanese bonds higher today, said Michiya Seki, manager on the bond trading desk at New Japan Securities Co. 9. The unit aims to set up an institutional equities trading desk in Japan by December and start direct sales of mutual funds to individual investors early next year. 10. Yesterday, Lehman Brothers Holdings Inc. said it would stop trading commodities altogether after disbanding its precious metals trading desk last month. |