Chase Merges NYC Operations; Future Platform(s)? Undecided
MANAGEMENT AND STRATEGY
The new Chase consolidated its trading operations in New York a week ago Monday, bringing traders of like instruments together on both the former Chase and the former Chemical floors--which run different digital data distribution platforms. The New York move was part of a more or less simultaneous move of the combined bank's 2,000 traders, salespeople and support staff worldwide. However, the traders in New York, like the traders in London, have a further relocation ahead of them. The bank's
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