Morgan Stanley taps BNP Paribas for eFX sales role
Individual has worked extensively across FX at firms including Euronext, State Street, Santander and HSBC.
Individual has worked extensively across FX at firms including Euronext, State Street, Santander and HSBC.
Individual has also previously held trading and senior positions across emerging markets at Goldman Sachs, UBS and Deutsche Bank.
Eight financial institutions have already joined the model, including Goldman Sachs, JP Morgan, Jane Street and Morgan Stanley.
Incoming individual had been with Morgan Stanley for 28 years.
LCH said the move will enable Morgan Stanley’s clients to benefit from margin offsets and operational efficiencies by accessing a broader range of cleared credit default swaps (CDS) products.
Individual has previously worked at Barclays Investment Bank, Lloyds Banking Group, and Morgan Stanley.
The past week saw appointments across cash equities, electronic sales, high touch trading, technology, data and RFX trading.
New appointment previously held positions at CLSA, WorldQuant and UBS.
The past week saw appointments across electronic FX sales, fixed income trading and AI business development.
Individual has most recently spent the last eight years with Citi and also previously served at Royal Bank of Scotland, Deutsche Bank, Bloomberg and State Street.