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JP Morgan loses exotics head

JP Morgan Chase’s head of European trading for exotics and hybrids, Chris French, will retire from the firm in early March.

DrKW expands into base metals

Dresdner Kleinwort Wasserstein (DrKW) plans to build a base metals principal sales and trading group. It has hired three Koch Supply & Trading staff to set up the unit on March 7.

TriOptima to use Markit's Red database

TriOptima, a Swedish technology firm specialising in tear-ups of unwanted over-the-counter swaps from counterparties’ portfolios, has teamed up with Markit to use its reference entity database (Red).

Evolution expands gas and power desk

US broker Evolution Markets has hired two brokers for the North American natural gas and power desk it launched in October. Corey Geraghty and Trenton Davis now broker gas and electricity options from the company headquarters in White Plains, New York.

Ex-NAB traders to plea in March

The four traders at the heart of the A$360 million currency options scandal that rocked National Australia Bank (NAB) last year are to enter a plea at Melbourne Magistrates Court on March 22.

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