London based Citi exec Richard Bibbey will become the head of global spot FX trading, a new position at Citi. Citigroup (NYSE:C) is continuing the shakeup in its FX trading operation. Reuters and the Wall Street Journal each claim to have seen an internal Citi memo detailing the changes at Citi, which include the merging of…
Read moreRyan Primmer replaces Darren Mast as the newly renamed KCG's Global Head of Fixed Income, Foreign Exchange and Commodities. While these kind of leadership changes are not unusual following an acquisition -- especially when it is the merger of similar companies -- there has nevertheless been somewhat of a revolving door in the management suite…
Read morePhil Weisberg to head Thomson Reuters FX; Jas Singh leaving. One of the themes we've covered recently has been that it is becoming clear why Thomson Reuters bought FXall -- as Thomson Reuters has seen its leading position in the Forex ECN business erode, FXall has remained the one ECN actually doing more volume this…
Read moreNew management in the UK and the US for Alpari. Retail FX broker Alpari has made some changes in its senior management ranks, as it has seen volumes fall by about 40% in 2012. The major changes include: OUT - David Stuart, COO of Alpari UK in London, has left the company. Trading volumes in…
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