On Thursday, 16 December, the foreign exchange market observed a minute of silence in respect to Duncan Edwards, 40, who passed away last month after a short illness.
Duncan was very well respected throughout the foreign exchange industry. He entered the market in 1979, when he joined Societe Generale in London as a junior dealer. In 1983 he joined Deutsche Bank in London, where he spent the next 10 years, rising to chief dealer of the spot trading desk. He left Deutsche in October 1994, and joined ABN Amro in April 1995 as head of FX and short-term interest rate trading (STIRT). He began commuting to Amsterdam from his home in the UK in January 1999, when he was named head of spot trading for Amsterdam and London.
“Duncan was a man of great integrity. One thing everybody always said about him was that he was a very good manager. He was highly respected by all of his staff. He had an uncanny ability to win you over whether he was criticising you or praising you,” says friend and colleague, Greg O’Higgins.
“Duncan was a great character, and very innovative. He was the driving force behind the creation of STIRT before it was a popularly accepted concept at ABN,” recalls Mr O’Higgins.
In addition to his commitment to work, Duncan was a very strong family man. He is survived by his wife Kim, and daughters Fiona, 4, and Kristen, 20 months.
Duncan’s two favourite hobbies centred around football and golf – he was a lifelong Arsenal fan and belonged to the Hever Golf Club in Kent.
The funeral took place 16 December at the Royal Tunbridge Wells Crematorium in Kent. Friends travelled from as far away as Singapore and Brazil to pay their respects. ABN Amro is planning to hold a memorial service later this month in London.
Profit & Loss extends its deepest sympathy to Duncan’s friends, family and colleagues.