Month: December 1999

P&L to Award Winning Entries To Anecdotes Contest

If some of the stories contained within this edition of Profit & Loss manage to spark your memories and/or imaginations, please send your anecdotes through to the editor at We ask that your stories are true, although there is room for the usual amount of exaggeration and colour! The winning entry in each of […]

50 Years of FX

Although there is no true beginning that can be pinpointed as the start of currency trading, the market of today probably took shape in large part over the past 50 years or so. As we draw near to the end of the 20th Century, Julie Ros takes a look back over the years to remember […]

DART Bolsters Global Team

DART, the derivatives pricing and risk management software and services company, has made a series of appointments to bolster its global sales team. In London, DART has hired Tim Hudson, formerly with Standard & Poor’s, as a sales executive, focusing on credit risk derivatives. Brad Jeffery, most recently of Garban Brokers, joins as a new […]

Savery Joins DerivaTech

Howard Savery has joined DerivaTech Consulting as SVP, business development, based in New York. Savery brings 14 years of global FX derivatives trading experience to the business, and will therefore focus on the specification and design of enhancements to DerivaTech’s current and future product lines. “Howard’s insights will allow DerivaTech to better provide answers and […]

Crapple Re-Elected Chair of MFA

George Crapple has been re-elected to a second term as chairman of the Managed Funds Association (MFA). Crapple is vice chairman and co-CEO of Millburn Ridgefield Corporation in New York City. He also serves on MFA’s Government Relations Committee and the Board and Executive Committee of the National Futures Association, MFA is the association for […]

Wagner Resurfaces At Dresdner NY

Claus Wagner has returned to Dresdner Kleinwort Benson after a six-month sabbatical. When he left, he was overseeing global FX for the bank in London, but he has opted to return as a proprietary trader, based in New York. Dresdner’s New York prop desk has expanded to three with Wagner’s return, and the hire of […]

RBC Hires Trott For Central Bank Sales

Andy Trott, formerly of Bank of Montreal, has joined the central bank sales desk at RBC DS in London. Separately, several sales dealers have left the bank, including Michael Green who transferred back to London from Singapore earlier this year; however, an official declines to comment.

DLJ Hires O’Connor For New UK Operation

Donaldson, Lufkin & Jenrette International has hired David O’Connor as a senior vice president and head of FX sales in London. O’Connor will be responsible for building the FX business in Europe, reporting to Ken Gettinger, New York-based global head of FX and to James Alexandre, president and CEO of DLJ International in London. O’Connor […]

CAI Hires Sidebottom As Head of Emerging Markets

Credit Agricole Indosuez has hired Richard Sidebottom as global head of emerging markets, based in London. Sidebottom was previously with Bankers Trust. Sidebottom succeeds Richard Webb, who is reportedly joining Deutsche Bank’s proprietary desk in the New Year.