FX Supplement: Who’s Who In Foreign Exchange 2009

Who’s Who

 

ILYA SOROKIN

president and CEO

ActForex

Ilya Sorokin is president and CEO of ActForex, a New York-based provider of retail foreign exchange trading platforms. The firm’s Internet Currency Trading System (ICTS) has the ability to accommodate various business models. ActForex enables small and mid-size financial institutions, as well as large banks, to offer online FX trading services.

ilya.sorokin@actforex.com

 

FX-Supplement_SS-02

 

RESIT TOYGAR

deputy CEO-treasury

Akbank

Resit Toygar is deputy CEO-treasury at Akbank, Turkey’s largest bank by market capitalization. He joined the bank in 1990 and served as manager of the treasury department before being named executive vice president in 1998. He is a graduate of Kingston University, based in London, and has a master’s degree from the London School of Economics.

resit.toygar@akbank.com

 

RICHARD F. MAHONEY

executive vice president and head of global and capital markets

BNY Mellon

Executive vice president and a member of BNY Mellon’s operating committee, Richard Mahoney manages trading, sales, underwriting, research and electronic distribution of the bank’s foreign exchange, fixed-income and equity products and their associated derivatives. He chairs the Foreign Exchange Committee of the Federal Reserve Bank of New York and serves on Villanova University’s Council for Global Leadership.

rich.mahoney@bnymellon.com

 

FX-Supplement_SS-03

 

JORGE A. RODRIGUEZ

Executive vice president and head of global FX sales

BNY Mellon

A member of BNY Mellon’s operating committee, Jorge Rodriguez manages marketing and sales, business development and research for the company’s global markets business. A BNY Mellon executive for more than 10 years, he previously held senior treasury and foreign exchange positions at Credit Suisse, Citibank and Swiss Bank Corporation.

jorge.rodriguez@bnymellon.com

 

FX-Supplement_SS-04

 

IVAN RITOSSA

managing director, global head of FX and prime services, and head of global markets trading–Asia-Pacific

Barclays Capital

Ivan Ritossa is global head of FX and prime services at Barclays Capital. He relocated from the firm’s London office to Singapore in 2007 to take on additional duties as head of global markets trading, Asia-Pacific. Ritossa is a former member of the foreign exchange committees sponsored by the Federal Reserve Bank of New York and by the Bank of England. He is now a member of the Singapore Foreign Exchange Market Committee.

ivan.ritossa@barcap.com

 

Jamie_Thorsen

 

JAMIE THORSEN

executive managing director

BMO Capital Markets

Jamie Thorsen heads global foreign exchange operations in Canada, the US and Europe for BMO Capital Markets. She also oversees the firm’s activities in China. Thorsen is a member of the foreign exchange committees sponsored by the Federal Reserve Bank of New York and by the Bank of Canada.

jamie.thorsen@bmo.com

 

Firas_Askari

 

FIRAS ASKARI

managing director, foreign exchange trading

BMO Capital Markets

Firas Askari is responsible for Canadian dollar trading globally at BMO Capital Markets and heads the firm’s foreign exchange sales and trading group in London. He is a past president of the Financial Markets Association of Canada and has served on the Bank of Canada’s foreign exchange committee.

firas.askari@bmo.com

 

MARC CHANDLER

global head of currency strategy

Brown Brothers Harriman

Marc Chandler joined Brown Brothers Harriman in 2005 as global head of currency strategy. Previously, he was the chief currency strategist for HSBC Bank USA and Mellon Bank. Chandler is an associate professor at New York University, where he teaches classes in international political economy.

marc.chandler@bbh.com

 

FX-Supplement_SS-07

 

ANIL PRASAD

global head of FX and EM local markets

Citi

Anil Prasad is global head of FX and EM local markets at Citi, based in London. He began his career with Citibank India in 1986 and relocated to New York in 1988 to work on the currency and metals options desk. In 1992 he was named head of the options business. Prasad moved to London to head Citi’s interest rate options business in 1996. He also has worked in proprietary trading at Natwest Capital Markets, beginning in 1997. Prasad rejoined Citi in 2000 as regional head of CEEMEA (Central and Eastern Europe, Middle East and Africa) trading and was named head of sales and trading for the region in 2003.

anil.prasad@citi.com

 

JEFF FEIG

managing director and global head of G-10 FX

Citi

Jeff Feig is responsible for all foreign exchange sales and trading in the G-10 developed markets at Citi. He joined the bank in 1989 as an associate on the FX desk in Toronto and has held several FX management positions in North America and Europe. He was named to his current position in 2004. Feig serves on both the Federal Reserve Bank of New York’s FX Committee and the Bank of Canada’s FX Committee. He was on the board of electronic broker EBS until its sale in 2007 to ICAP.

jeff.feig@citi.com

 

PETER CRUDDAS

chief executive

CMC Markets

Peter Cruddas stepped down as executive chairman of London-based CMC Markets in August 2009 to become chief executive of the firm. He has taken on day-to-day management of the company he founded in 1989 to prepare it for a public offering. CMC Markets was the first company to offer online FX trading in 1996. Since then, it has developed its trading software and expanded its products to include CFDs (contracts for difference) and spread betting on financial instruments.

p.cruddas@cmcmarkets.com

 

DEREK SAMMANN

managing director, global head of FX products

CME Group

Derek Sammann is managing director and global head of FX products at CME Group, the world’s largest derivatives exchange. The CME earlier this year launched a series of smaller-size FX contracts for retail traders and investors. The CME Globex platform is open 24 hours a day, and trades are instantly confirmed through more than 1,100 direct connections in 86 countries.

dsammann@cme.com

 

FX-Supplement_SS-08

 

ZAR AMROLIA

global head of foreign exchange

Deutsche Bank

Deutsche Bank is the leading provider of FX services to hedge funds and large corporations globally. Amrolia was named global head of foreign exchange in 2006. He joined Deutsche Bank in 1995 from Credit Suisse First Boston. From 2000 until 2004 he was co-head of foreign exchange at Goldman Sachs.

zar.amrolia@db.com

 

WOLFGANG J. KOESTER

CEO

Fireapps

Wolfgang Koester is CEO of Fireapps, developer of on-demand foreign exchange exposure management software. Prior to forming Scottsdale, Arizona-based Fireapps, Koester worked for more than 13 years at GFTA Trendanalysen, a quantitative currency manager. He was president of GFTA from 1995 to 2000.

koester@fireapps.com

 

DAVID GILMORE

partner and economist

Foreign Exchange Analytics

David Gilmore is responsible for managing Foreign Exchange Analytics’ fundamental coverage. Prior to founding the Essex, Connecticut-based firm in 1994, he spent seven years providing online commentary in New York and London with MCM CurrencyWatch and MMS International.

fxa@fxa.com

 

FX-Supplement_SS-09

 

PHILIP WEISBERG

CEO

FXall

Phil Weisberg, CEO of FXall, has led the company since it was formed in 2001. FXall provides automated trading and workflow solutions for foreign exchange and treasury operations. More than 800 institutions have joined the multibank portal for FX trading. Before joining FXall, Weisberg was a managing director at LabMorgan, JPMorgan Chase’s eFinance incubator.

 

FX-Supplement_SS-10

 

DREW NIV

CEO

FXCM

Drew Niv, CEO of FXCM, co-founded the foreign exchange brokerage in 1999. Since then, FXCM has become one of the largest firms in online retail foreign exchange trading, with 150,000 accounts in 200 countries. Prior to founding FXCM, Niv was director of marketing at MG Financial.

 

ANDREAS PUTZ

managing director

FXCM Pro

Andreas Putz has expanded the institutional agency desk at the New York-based FXCM Pro. Prior to joining FXCM Pro in 2005, he headed FX emerging markets trading and sales at Calyon, based in London. Putz began his career at Deutsche Bank in New York.

 

FX-Supplement_SS-11

 

JOHN R. TAYLOR

chairman, CEO and chief investment officer

FX Concepts

John Taylor founded FX Concepts, a New York-based investment management company for foreign exchange assets, including currency overlays, in 1981. He specializes in the analysis of cyclicality of FX and interest rate markets. Taylor developed some of the first computer models to assist multinational corporations in managing foreign exchange risk.

jtaylor@fx-concepts.com

 

Mark_Galant

 

MARK GALANT

founder and chairman

Gain Capital

Mark Galant founded GAIN Capital in 1999, and the firm has grown into one of the largest online foreign exchange companies. GAIN Capital operates the Forex.com system, which has clients in 140 countries. Prior to forming the company, Galant helped build FNX into a leading provider of trading and risk management systems. Before that, he was global head of foreign exchange options trading at Credit Suisse.

markgalant@gaincapital.com

 

FREDERIC BOILLEREAU

global head of foreign exchange and metals

HSBC

Frederic Boillereau was named as global head of foreign exchange and metals in March 2009, when HSBC integrated foreign exchange spot, forward and options trading, as well as the metals business, into a single global product offering. Based in London, Boillereau joined the bank’s global markets division in 1998. Since May 2008 he has been heading HSBC’s metals business.

 

GARY NETTLEINGHAM

global head of foreign exchange spot and forward trading

HSBC

Gary Nettleingham was named global head of foreign exchange spot and forward trading in May 2009. He previously was European head of foreign exchange trading and joined HSBC in 1989.

 

JOHN NIXON

executive director; CEO of ICAP Electronic Broking

ICAP

John Nixon was named an executive director of ICAP in May 2008. ICAP became the leading broker in the spot FX market with its purchase of the EBS platform in 2006. Nixon also is CEO of ICAP Electronic Broking and is responsible for strategic acquisitions as well as ICAP’s information business. Previously, he was CEO of Tullett and Tokyo Forex, now part of Tullett Prebon.

 

FX-Supplement_SS-13

 

DAVID RUTTER

deputy CEO of ICAP Electronic Broking

ICAP

David Rutter is deputy chief executive of ICAP Electronic Broking. Prior to joining ICAP, he was a significant shareholder in Prebon. Rutter served in various capacities at Prebon, beginning in 1988. He was global chief executive of Prebon Energy and managing director of the Americas for Prebon Yamane.

 

TODD CROSLAND

chairman and president

Interbank FX

Todd Crosland, chairman and president of Interbank FX, founded the off-exchange broker in Salt Lake City, Utah, in 2001. With customers in 140 countries, Interbank FX offers individual traders, fund managers and institutional customers technology to trade spot foreign exchange online and via wireless devices. Its 2008 trading volume totaled $750 billion.

todd.crosland@ibfx.com

 

JOAQUIM PIRES

managing director and head of foreign exchange

Millennium BCP

Joaquim Pires is head of foreign exchange at Portugal-based Millennium BCP. He is responsible for FX trading and sales, covering a wide range of currencies and structured products. Pires joined the bank in 1991 from Banco Português do Atlântico, where he started his career in financial markets in 1986.

joaquim.pires@millenniumbcp.pt

 

FX-Supplement_SS-14

 

DAVID GRACEY

head of foreign exchange trading

Nedbank Capital

David Gracey is head of foreign exchange trading at South Africa-based Nedbank Capital, where he is the market maker on the spot FX desk in Johannesburg. He has traded in various South African markets for 22 years.

davidgr@nedbank.co.za

 

RÓBERT BARLAI

head of treasury

OTP Bank

Róbert Barlai is head of the treasury business, including foreign exchange, at Budapest-based OTP Bank, Hungary’s largest bank. He is a member of the board of the Budapest Stock Exchange. Barlai is responsible for group-wide treasury standards at OTP Bank.

barlair@otpbank.hu

 

ALAN RUSKIN

head of FX international strategy

RBS Greenwich Capital

Alan Ruskin joined Connecticut-based RBS Greenwich Capital, a subsidiary of Royal Bank of Scotland, in January 2006. He has been a financial economist and strategist for 25 years. He was research director for Europe at MMS International in the 1980s and managed the currency service on Telerate. In 1989 he founded IDEAglobal in London, and in 1992 he moved to the firm’s New York office. In 1997 Ruskin helped set up 4cast’s North American operation.

alan.ruskin@rbsgc.com

 

FX-Supplement_SS-15

 

BARRY WAINSTEIN

vice chairman and deputy head of global capital markets and global head of foreign exchange and precious metals

Scotia Capital

Barry Wainstein is vice chairman and deputy head of global capital markets at Scotia Capital and global head of both the foreign exchange and precious metals business lines. The latter operates under the name of ScotiaMocatta and is a foreign financial member of the Shanghai Gold Exchange. Wainstein is on the Foreign Exchange Committee of the Bank of Canada and the European Central Bank’s Foreign Exchange Contact Group.

barry_wainstein@scotiacapital.com

 

FX-Supplement_SS-16

 

RICHARD LEIGHTON

global head of foreign exchange

Standard Chartered Bank

Richard Leighton is global head of foreign exchange at Standard Chartered Bank, based in London. He is responsible for global FX and FX options products, as well as fixed income in Europe. Before joining the bank in 2003, he worked in the currency and commodities areas at JPMorgan Chase and Midland Bank/HSBC.

richard.leighton@standardchartered.com

 

ANTHONY S. BISEGNA

senior managing director and global head of FX trading

State Street Global Markets

Anthony Bisegna manages all currency trading activities worldwide for State Street Global Markets, including spot transactions, forwards, emerging markets and options. He is a member of the Foreign Exchange Committee of the Federal Reserve Bank of New York and holds a CFA designation.

acbisegna@statestreet.com

 

BORIS SOMOROVSKY

head of trading department

Tatra Banka

Boris Somorovsky joined Slovakia-based Tatra Banka in 1999 as a foreign exchange trader. He was named a senior trader in 2004 and became head of the trading department earlier this year. The bank is a member of Austria-based Raiffeisen International.

boris_somorovsky@tatrabanka.sk

 

Fabian_Shey

 

FABIAN SHEY

managing director and global head of fixed-income, currencies and commodities distribution

UBS Investment Bank

Fabian Shey is managing director and global head of fixed-income, currencies and commodities at UBS Investment Bank. He has led various areas within FX at UBS since 2000. Prior to that, Shey was global head of FX exotic options at SBC Warburg, which later became UBS Warburg.

 

SIMON WILSON-TAYLOR

managing director and global head of

e-commerce

UBS Investment Bank

Simon Wilson-Taylor joined UBS Investment Bank as a managing director and global head of e-commerce in September 2009. He left State Street Global Markets in January 2009 to found Molten Markets, an online trading platform, where he was CEO. At State Street, Wilson-Taylor was executive vice president and head of Global Link.

 

NICK CRAWFORD

global head of FX

UniCredit

Nick Crawford was named global head of FX at UniCredit in June 2009 and is based in London. He previously was head of interest rates and foreign exchange for North America, as well as FX derivatives trading. Before joining UniCredit, Crawford was global co-head of FX trading at Merrill Lynch in New York.

nick.crawford@hvbeurope.com

 

FX-Supplement_SS-18

 

STEVE TURNER

global head of FX sales

UniCredit

Steve Turner was named global head of FX sales at UniCredit in June 2009. Based in London, Turner joined UniCredit in 2005 as global head of hedge fund FX sales and European head of FX sales. He has worked in the FX markets for 29 years in both trading and sales roles at major banks, including UBS and Deutsche Bank.

steve.turner@hvbeurope.com

 

FX-Supplement_SS-19

 

MARK KRITZMAN

president and CEO

Windham Capital Management

Mark Kritzman is president and CEO of Windham Capital Management, based in Cambridge, Massachusetts. He also serves as a senior partner of State Street Associates and teaches a financial engineering course at MIT’s Sloan School of Management. Kritzman has done research on measuring turbulence in financial markets.

mkritzman@windhamcapital.com

 

 

 

 

Related Articles