New York-headquartered inter-dealer broker GFI has hired 10 brokers to set up a new US interest rate swaps desk in London.The desk will be run by Vijay Angelo, who joins from Tradition UK, and Declan Wells, who joins from Icap.
"GFI's expansion in the interest rate derivatives markets is consistent with its aim to be the leading global provider of inter-dealer brokerage services in the derivatives arena," says Steve McMillan, head of European brokerage at GFI. "Market consolidation and considerable movement of key players within the industry have contributed to the timing of our decision to step in and grow this area of our business.”
More on People
Banker who spearheaded BNP Paribas's RMB business moves to exchange
Job changes in the derivatives, regulation and risk industry throughout Asia
UK bank adds to commodities business with hires from Credit Suisse, Mercuria
Other commodities moves at Castleton, Natixis, TrailStone and VTB Capital
Sign up for Risk.net email alerts
Sponsored video: MarketAxess
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
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.