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Ex-Deutsche Bank rates head joins swaps exchange

trueEX saw the value of interest-rate swaps traded on its platform surge in the first quarter

Ex-Deutsche Bank rates head joins swaps exchange

The US swaps exchange trueEX has made a high-profile appointment following a surge in trading volumes, bringing in a former head of rates sales at Deutsche Bank and Morgan Stanley.

trueEX, which executes and processes interest-rate swap trades, announced the hire of Chris Yoshida in a statement today. It said he would have responsibility for "sales, marketing and strategy" for the group.

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