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Ex-Citi FX trading head Anil Prasad readies macro hedge fund

Economic Times – Former global head of foreign exchange at Citigroup, Anil Prasad, is preparing to launch his own hedge fund in the first quarter of 2015, three sources familiar with the matter said.

The launch comes as global regulatory changes restrict banks from trading with their own money, prompting so-called proprietary desk traders to strike out on their own. Prasad left Citi earlier this year.

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