Desktop Zar
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Foreign Exchange

Desktop Zar

It took a lot of persuasion but eventually I did it.

This was sneaked out under the noses of the guards at Deutsche Bank and at great danger to my mole. He was so scared, he took the image on his secret camera, aka mobile phone. So it's not the best image, but it's the best we could get. It shows Desktop Zar urging his troops on, although not in full foot stomping mode, which I hear, is another one of the images. I hear that the troops at Deutsche are relieved today is the last FX Poll votes can be cast. They are looking forward to not having to listen to their illustrious leader each time they turn their computers on.


You don’t get nuffing for nuffing

They used to say in the FX market that what you got paid was highly correlated to what you achieved in terms of revenue generation. It’s always struck me as a false claim, one that is completely at odds with the guaranteed bonus culture that has taken hold over the past couple of decades.


Years ago, when I was at Nomura, we were desperate for a spot dollar/yen dealer.



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