Macbeth goes amid DTCC management reshuffle
Macbeth replaced after difficult start to EU trade reporting
Stuart Macbeth has been replaced as chief executive of the Depository Trust & Clearing Corporation's (DTCC) European trade repository, DDRL Europe, after it endured a difficult beginning to mandatory reporting of over-the-counter derivative trades in Europe under the European Market Infrastructure Regulation.
Trade reporting in Europe began on February 12, and Macbeth later admitted at an industry event that DDRL Europe was caught unprepared by the massive influx of new clients needing to be
More on People
Citadel Securities’ head of electronic FX departs
Kevin Kimmel’s departure comes just two weeks after the resignation of sales director Brian Seegers
HSBC appoints Benihasim as global FX head
Hong Kong-based Benihasim replaces Richard Bibbey, who moved to London to run institutional sales
IMC appoints head of FX trading
Ex-UBS exotics head Ramon Puyane to join Dutch market-maker
Citi’s head of FX electronic platforms departs
Ala’a Saeed, who oversaw its single-dealer platform, leaves US bank
Deutsche adds three to FX sales team
German bank recruits institutional sales head in New York, along with hires in London and Paris
Nomura hires Leng for dual global FX trading roles
Hire comes as Nomura looks to significantly bolster its FX and macro trading division globally
Capitalab co-founder quits firm
David Bachelier leaves BGC-owned compression venture after seven years
Citi names Stuart Staley FX co-head
US bank’s Asia-Pacific markets head moves to London to work alongside Itay Tuchman
