Schiff quits Newedge
John Duffy, also from Newedge's Chicago-based forex team, and up to four other FX trading and sales staff in the city, are believed to be moving with Schiff to to MF Global.
Schiff took up his most recent role last month following the merger, having worked as global head of Fimat FX. At the same time, Max Smith, previously New York-based chief FX dealer at Calyon Financial, was named global head of FX at Newedge (FX Week, January 28).
"In reality it's hard to have two FX teams within the same
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