Rendon exits HSBC

Head of G10 options made redundant


Steve Rendon, head of G10 vanilla options at HSBC in London, has been made redundant after four years at the bank.

He joined the UK firm in May 2011 as a senior G10 options trader, reporting to Vincent Craignou, then global head of FX and precious metal derivatives.

Rendon moved there from Morgan Stanley, which he joined in 2005 as part of the US bank's New York FX desk. Previously, he held positions at Citi and CME Group. 

Craignou, who worked at HSBC for more than 10 years, left in November

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