Grant Taylor has joined UNTL Capital as its new global head of discretionary FX trading in New York.
UNTL trades FX on behalf of family offices and high net-worth individuals and, according to the firm’s website, the role of the head of discretionary FX trading will be “to develop a better set of quantitative analytical tools to help optimise FX trading performance for our money managers”.
Taylor joins the firm from Cantor Fitzgerald, where he spent over three years as director, institutional FX sales and trading.
Former Deutsche Bank CEO Anshu Jain has joined Cantor Fitzgerald (CFLP) as president.
In his new role, Cantor says Jain will work with Howard Lutnick, chairman and CEO of CFLP, and “will build on Cantor Fitzgerald’s strong client-focused business foundation and drive the Firm’s momentum as it enters the next phase of growth.”
Jain stepped down from the role of co-CEO of Deutsche Bank in mid-2015 as concerns grew over the bank’s financial health and a series of regulatory missteps.
James Reilly has left Cantor Fitzgerald in New York, where he was senior managing director and global head of FX sales and trading at Cantor Fitzgerald.
He is joining State Street Global Markets (SSGM) in a senior role, according to market sources. Profit & Loss understands that Reilly is due to take up the New York-based role at the end of September.
Reilly had been with Cantor Fitzgerald since 2014, following a brief spell at State Street Global Exchange (SSGX). Prior to that, he was the co-head of FX prime brokerage at Morgan Stanley, after moving across from the JP Morgan prime brokerage team in 2009 along with Mike Irwin and Martine Bond. Bond is currently an executive vice president responsible for trading and clearing within SSGX.