BNY Mellon and Deutsche Bank have jointly developed a new API-enabled FX solution they say can “dramatically improve confirmation times for restricted emerging-market currency trades”. The digital solution, initially being applied to custody FX transactions in Korean won, aims to reduce the pre-trade lifecycle to seconds from hours, minimising the operational burden and manual intervention […]
Tag: Jason Vitale
The Foreign Exchange Professionals Association (FXPA) voted in a slate of new Officers and Board members at its annual meeting on February 5.In roles that took effect March 1, 2019, Lisa Shemie, Associate General Counsel of Cboe Global Markets and Chief Legal Officer of Cboe FX and Cboe SEF, was elected as the group’s new Chair; Jill Sigelbaum, Head of FXall, Refinitiv, was elected Vice Chair; Paul Houston, Global Head of FX, CME Group, was tapped as Treasurer; and Jason Vitale, Managing Director, Chief Operating Officer FX & Head of Client Execution, BNY Mellon, was re-elected as Secretary.
BNY Mellon has apparently made a further two senior hires to its FX business.
The bank confirms that Jeff Leal has joined as global head of e-FX. Leal was last global head of electronic markets at UniCredit, prior to which he global head of e-FX trading at Nomura.
Leal is believed to have started this week.
Meanwhile market sources tell Profit & Loss that Jason Vitale will soon be joining the bank as COO of the FX business, although the bank could not confirm this.