Standard Chartered has lost another member of its Singapore foreign exchange options team following the departure of Tim Carrington, global head of foriegn exchange options in Singapore, in July.Head of options trading Justin Gann left at the start of October, a spokesperson for the bank confirmed. Gann reported to global head of forex trading Nick Beecroft in London, who joined earlier this year. Gann has left to set up a hedge fund, a source close to the bank told RiskNews' sister publication FX Week.
Beecroft said Standard Chartered is seeking a replacement for Gann in Singapore and for Carrington, although whether the latter position will be in Singapore or London is still undecided. He would not disclose how many options staff remain in Singapore.
Carrington relocated from London to Singapore earlier this year and is believed to be pursuing personal interests outside of the foreign exchange market.
More on People
Hoodless and Madaras among those suspended
Head of retail predicts appeal to conservative Canadian investors
UBS promotes Shane Edwards to head of global equity derivatives
The latest people moves and news from the industry
Sign up for Risk.net email alerts
Sponsored video: Tradeweb
Multifonds talks to Custody Risk on being nominated for the Post-Trade Technology Vendor of the Year at the Custody Risk Awards 2014
Sponsored webinar: IBM Risk Analytics
Nominated for two technology awards
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.