BNP Paribas EM rates and FX trader departs for Morgan Stanley in similar role

New vice president in EM rates and FX trading has previously served across BNP Paribas, UniCredit and Expat Capital.

An emerging markets rates and FX trader at BNP Paribas has left the bank to join Morgan Stanley in a similar role, The TRADE can reveal.

Stoyan Dogandzhiyski has joined Morgan Stanley as a vice president in EM rates and FX trading after spending the last seven years at BNP Paribas, according to an update on his social media.

During his tenure at BNP Paribas, Dogandzhiyski served in various roles across macro research, CEEMEA debt capital markets and EM rates and FX trading.

Prior to joining the bank in 2015, he spent seven months at UniCredit in a global capital markets role and five months at Expat Capital in an investment management role.

BNP Paribas has seen several comings and goings in the last week, including the addition of former Citi and Morgan Stanley trader, Paul Barker, to its EU single stock trading team, according to an internal memo seen by The TRADE. The bank attributed the addition to its commitment to expanding its remit in equities.