The traders, previously based in London, will now report to Wei-Tong Shu, Regional Head of Foreign Exchange & Rates Trading.
"We are seeing a growing demand for hedging products in Latin America. With competitors leaving the market, this is an opportunity to strengthen our commitment to our customers," said Michael Baudo, Regional Head of Financial Markets Americas. "Our expanded team in New York joins our on-the-ground expertise in our Mexico City, Sao Paulo and Buenos Aires offices."
ING CAPITAL MARKETS LLC - PROFILE
ING Capital Markets LLC is registered with the Commodity Futures Trading Commission as a full service swaps dealer. ING Capital Markets LLC acts as counterparty to its domestic and international client base in a broad variety of product offerings including but not limited to -Foreign Exchange, Rate, Equity, Commodity, Credit Default and Inflation Derivatives.
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