The relationship between sales and trading desks has always been interesting. Many years ago, I arranged a friendly cricket match between Midland Bank’s traders and its FX sales staff. The match was always likely to be competitive, but I was amazed how quickly it moved from affable rivalry to outright war.
Cricket may look a soft and genteel sport to those unfamiliar with it, but a hard leather ball can do a lot of damage when it comes directly at your head at speed.
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