Go east

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London and New York have been at the centre of the derivatives universe for the best part of 20 years. As the business has become increasingly computationally intensive, a whole industry of technology vendors has sprung up to provide derivatives trading and risk management systems to banks. With their customers overwhelmingly based in Europe and the US, the vendors also tended to migrate to these locations, building sizeable research and development (R&D) teams to stay at the cutting edge of qua

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