Tag: Natwest Markets

Natwest Markets

Two FXPBs Begin Offering Access to Spotex’s ECN

The FX prime brokerage businesses at JP Morgan and NatWest Markets are now providing access to Spotex’s institutional ECN. The prime brokers join as Spotex is seeking to expand its presence in the institutional FX market segment with the introduction of its new disclosed direct market access (DMA) liquidity pool offering, as well as other […]

The 2019 Digital FX Awards – The Winners

This year Profit & Loss decided to update the format and judging categories of our annual Digital FX Awards. The process remains subjective but we have not restricted ourselves to the narrow confines of previous years’ categories. Instead of many of the categories, we have created Awards for Excellence in e-FX, something that we believe […]

Daniels Exits NatWest Markets

Ian Daniels has left his position as director, head of e-FX sales, EMEA, at NatWest Markets.

In this role he had been responsible for the distribution of the NatWest Markets electronic offering to financial institutions and corporates across the EMEA region.

Daniels joined NatWest in in 1998 and held a variety of roles within the bank’s FX business, joining the e-commerce team in 2006.

Profit & Loss understands that Daniel’s departure is a result of a broader restructuring at the bank, his next destination is not known at this point in time.

A Closer Look At: Bespoke FXPB Systems

Marcus Butt, global head of FX prime services and futures at NatWest Markets, talks about how the bank is developing its FX Prime Brokerage offering in response to changing client needs.

Profit & Loss: So what are you doing on the FXPB side of your e-FX platform that you think differentiates your offering right now?

Marcus Butt: What we’re doing on the platform that is unique is really a reflection of what we’re doing in the business. Part of this is that we’ve introduced a number of new prime brokerage models to accommodate the diversification of our client base.

Natwest Markets Hires de Sibert

Chris de Sibert has been appointed as a director at NatWest Markets in London.

Profit & Loss understands that de Sibert will be operating in an institutional FX sales role, focusing particularly on French-speaking asset managers and bank ALM desks.

He joins the bank after only a brief, five-month stint with R5FX, where he was global head of business development.

Prior to that, de Sibert spent over eight years at HSBC, where he was a managing director in the bank’s FX and commodities sales division.