
Prebon reorganises derivatives business
Separately, the firm is now preparing for further changes due to take place in the first quarter of next year.
James Potter, currently manager of yen forwards, will take over Andy Farrington’s role as managing director of the forward FX and cash division. At that time Farrington will take over some of Verrier’s day-to-day responsibilities. Farrington has managed Prebon’s forwards desk in London since the June 1999 merger of the firm with MW Marshall & Co, where he also managed forwards.
The changes come after a year of expansion at Prebon’s FX forwards group. In October it added three brokers from rival RP Martins. It has also won a series of awards for forwards FX. In November, voters in FX Week’s Awards voted it the best brokerage in FX forwards, ahead of Reuters and Tullett & Tokyo Liberty in second and third places.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@risk.net
More on People
Asia moves: Senior hires at Nomura, HKEX and more
Latest job news from across the industry
Asia moves: Senior hires at Citi, Nomura and more
Latest job news from across the industry
People: UBS rehires Ermotti for top job, Citi promotes Selva to COO, and more
Latest job news across the industry
People: More Goldman sackings, Citi promotes for Emea, and more
Latest job news across the industry
Asia moves: senior hires at Societe Generale, Deutsche Bank and more
Latest job news from across the industry
People: Credit Suisse’s FX revamp; Barclays hires co-heads; and more
Latest job changes across the industry
Asia moves: senior hires at Natixis CIB, Citi and more
Latest job news from across the industry
People: LME chair quits, Goldman and BlackRock lay-offs, and more
Latest job changes across the industry