Moore Set to Launch Buy Side Matching Platform

Jay Moore has officially announced his plans to launch a new buy side-to-buy side matching platform for passive FX hedging programs. The new platform, where Moore will serve as CEO, is called FX HedgePool and is designed to allow institutional investors to trade directly with one another. “For 20 years I’ve been developing products built […]
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Colinders Handed New Role at State Street

James Colinders has taken on a newly created role at State Street working on its money market platform, FundConnect. In this role Colinders will be focused on creating a private label distribution business, developing institutional partnerships and expanding the platform’s client footprint. He will remain based in New York and will report into Eric Wolf, […]
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Jackson Joins IS Prime

IS Prime, part of ISAM Capital Markets, has hired Paul Jackson as a sales director. Based in London, Jackson will have a global remit and report directly into the IS Prime board. Prior to this move, he was director of sales and a member of the management team at CFH Clearing, with responsibility for assembling […]
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Savage to Head Americas FX Sales at BNY Mellon

Bob Savage has joined BNY Mellon as head of FX sales for the Americas. Based in New York, he will report into Harry Moumdjian, global head of FX sales at the bank. “My focus in this role will be on expanding upon a good, solid base to provide more empathy, client focus and add a […]
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Two Leave Citi in Asia?

Profit & Loss understands that Citi has seen the exit of two of its macro sales team. Huihui Hu is understood to have left her role in macro sales at the bank in Singapore. Sources say Hu is joining Royal Bank of Canada  in Hong Kong in a senior sales role, although this could not be […]
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Mesirow Adds to Currency Management Team

Mesirow Financial has added two to its staff roster in its currency management unit with the hires of Aaron Wham and Mike Emambakhsh As a senior vice president, senior portfolio manager, Wham will help launch Mesirow’s new Seattle office where he will focus on implementing the team’s investment strategy and portfolio management functions. He joins […]
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Rupan Joins LMAX Exchange

LMAX Exchange Group has appointed Randy Rupan as head of liquidity analysis. Based in New York, Rupan will report into Jeremy Barnes, global head of liquidity management.He joins LMAX Exchange from 360T, where he worked as head of spot FX for the Americas since May 2018. Prior to that, he spent six years at FastMatch, where he was head of institutional liquidity management, and nine years at FXCM, where he was last a vice president doing business development for the firm.
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BNY Mellon Strengthens Asia-Pac Business with De Vleeschauwer Hire

Profit & Loss understands that BNY Mellon has strengthened its Asia Pacific FX business with the hire of Charl de Vleeschauwer from Citi Sydney. De Vleeschauwer will be relocating to Singapore to take up a management position in the e-FX business of BNYM, sources familiar with the matter say, and will report to Darren Boulos, head of FX trading and sales for Asia-Pacific – Boulos himself joined BNYM in June 2017 from Deutsche Bank in Sydney. De Vleeschauwer has been with Citi for two years as a senior FX spot trader, having joined the bank after a spell with Macquarie Bank in London where he ran the bank’s FX trading business in Europe. Prior to that he worked for six years at Deutsche Bank in Sydney, having joined the organisation from First Rand in Johannesburg.
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Knight to Depart Citi

Alex Knight is leaving his position as a director and global head of sales and client coverage for FX prime brokerage (FXPB) at Citi. Knight had been with Citi for 18 years, having previously worked for the bank in Sydney and Singapore, was most recently based in London. Prior to joining Citi, Knight worked as a sales director at SS&C Technologies.Although a spokesperson for Citi declines to comment on Knight’s departure, Profit & Loss understands that it is the result of a broader re-organisation within the bank, which has seen the sales team for its Prime, Futures and Securities Services (PFSS) business become more closely aligned with the Equity Markets business and its global products.
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Cafe to Join BNY Mellon

BNY Mellon has hired Joseph Cafe as VP, e-FX sales, in New York.Profit & Loss understands that he will start his new role in May and will report into James Taylor, global head of e-FX sales, who is based in London.Cafe arrives at BNY Mellon from BNP Paribas, where he was a VP in the global markets business. Prior joining the French bank in 2015, he was a VP at Deutsche Bank for just under two years and spent four years as an FX sales manager at American Express.
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