Clapham and Pennell trade Mirexa for Coex

Both men move within TP Icap’s institutional services division in London

Internal moves: David Pennel and Graham Clapham join the foreign exchange team at Coex Partners

David Pennell and Graham Clapham have made internal moves within TP Icap’s institutional services division in London, FX Week has learned.

Both men are moving from Mirexa Capital to join the foreign exchange team at Coex Partners, reporting to James Fauset, head of FX at Coex.

Pennell is a FX veteran who began his career at RBC in 1993, trading G10 FX options in Singapore and London.

After 10 years he moved to JP Morgan Chase, where he stayed for another 10 years, trading FX options.

In 2013

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