UBS derivatives heads join Morgan Stanley

Morgan Stanley has appointed Clark Hutchison and Bill Templer global co-heads of listed derivatives. The pair were hired from UBS, where they were co-heads of exchange-traded derivatives.

They will assist Craig Abruzzo, head of listed derivatives for North America. Hutchison will be based in New York and Templer based in London. The roles are newly created and they will start work in the next four months.

The pair have not been replaced at UBS. Daniel Coleman, joint global head of equities, will

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