Jon Underwood has joined RBS’s FX options trading team in Stamford, CT to focus on trading Latin America options. Underwood, who was most recently employed as a parliamentary spokesman for the Liberal Democrats in the UK, reports to Ian White, head of FX options North America.
Underwood first started trading Latin America currency options in the late 1990s for Natwest. In addition to Natwest, Underwood has previously traded various products at Deutsche Bank, Standard Chartered, Dresdner Bank and Merrill Lynch.
RBS is an active market participant in emerging market options globally and says it is adding to its trading and sales capabilities as this sector expands further.