Josh Levy never intended to be part of an uprising. He left his job as a currency trader at Goldman Sachs early last year to join Valhalla Forex, based just a few minutes’ walk from his former employer, on the 15th floor of a building on downtown Broadway in New York. The grandeur of its Wagnerian name belies its size: it is a small organization, specializing in proprietary trading in the forex spot markets, although it also dabbles in forwards.
Within weeks he had become exasperated with his dealers and market-makers.
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