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On the Move

Aldridge Exits Barclays?

Market sources tell Profit & Loss that Steve Aldridge has left his role as director and head of BARX e-FX sales for the UK and Middle East.

Aldridge is said to be heading to Credit Suisse in London to fill the head of e-FX sales role at that bank, however confirmation was not available by press time. He joined Barclays in London in mid-2008 from his role as head of e-FX sales for Bloomberg Tradebook, prior to which he spent almost 16 years with inter-dealer broker Tullett Prebon.

MakoFX Appoints Andreyko as CEO

Foreign exchange trading platform MakoFX has reportedly appointed Brian Andreyko as its chief executive officer to succeed the company’s founding partner Adrian Patten.

Previously Andreyko was global head of FX product and development at Icap’s EBS and, prior to that, chief operating officer at Currenex. MakoFX, a provider of spot FX liquidity, did not respond to enquiries by press time.

Sucden Financial Hires for FX and Bullion Business

Sucden Financial has appointed Raymond Mok to develop its bullion and foreign exchange business in the Far East.

Mok previously headed MF Global’s Hong Kong FX operation and joins Sucden Financial from the Bright Smart Group, where he headed the FX and bullion desk.

“Sucden Financial is a well-established futures broker in the region and I’m very much looking forward to building upon this reputation for developing the bullion business. Once we are granted the FX licence, we shall also be able to take advantage of the company’s excellent FX infrastructure, pricing and liquidity,” Mok says.

Sucden recently relocated its Far East operations to larger offices in the centre of Hong Kong’s financial district to allow for further expansion. The company has submitted its application to open an FX business in Hong Kong to the Securities and Futures Commission there.

Michael Overlander, CEO of Sucden, says, “We are delighted to welcome Raymond to Sucden Financial and we look forward to developing our bullion and FX capability in the Far East. This, once again, demonstrates our commitment and belief in the region.”

Profit & Loss

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