Market sources
indicate that Citi veteran Fergal Walsh is taking over the head of algo trading
position at the bank, thereby filling the gap left by James Dalton, who left
last month to join NAB in Sydney.

No Citi representatives
were available for comment by press time.

Walsh has most
recently been Citi’s head of spot e-FX trading based in New York. During
his nearly 20-year career at the bank, Walsh has also worked as an FX e-trading
strategist and as a trader.