Fimat launches FX desk in Sydney

John Logan and Brandon Walsh will relocate from Chicago to launch the desk.

“When we analysed the Asia-Pacific region, we found Sydney to be a natural fit for our FX execution services,” said Ryan Schiff, global head of FX at Fimat. “It offers a vibrant business climate, as well as many possibilities of leveraging Fimat’s existing futures and options businesses locally and throughout the region.”

The Fimat 24-hour FX desk will now cover the Asia-Pacific time zone from Sydney, while the Chicago FX team covers the US day and the London FX team covers the European day. There will be a crossover of about six hours a day.

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