17 Nov 2006, Mark Pengelly, Risk magazine
Simonsen will work on the FX desk in Nordea's Copenhagen office. In his new role he will report to Mick Akjaer, head of FX and FX options trading.
Icap has also lost its Copenhagen head, Eric Schiotz, who has joined Saxo Bank's Scandinavian desk. Schiotz's position at Saxo is institutional sales manager. He remains based in Copenhagen, and in his new role reports to Thomas Dam, who heads the desk.