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Foreign Exchange

CME appoints in Asia

The CME has expanded its FX team with the appointment of K C Lam as director and head of Asian FX sales. The exchange says the new position has been created to provide better service for its Asia-based customers and is part of its ongoing effort to build up its presence in the region. Lam, who will be based in Singapore, reports to Derek Sammann, the CME’s managing director, FX products. Lam was previously head of sales for ICAP e-broking in Singapore.

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