BGC names Sutton as head of US rate swaps

US interdealer broker BGC has promoted Rob Sutton, formerly head of trading at the broker's Sydney office, to global head of US dollar interest rate swaps, a newly created role.

Sutton will be based in New York, where he will report to the head of derivatives and rates for North America and Europe, Robin Clark, and to the executive managing directors for Asia, Mark Webster and Mark Spring.

Webster and Spring will also take over his current duties in Sydney until a replacement is found.

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