BNY Mellon loses global head of FX options

Sam Osterman joined in January 2018 and ran the newly launched FX options business

Exit: a permanent replacement for Sam Osterman has not been appointed yet

Sam Osterman, global head of foreign exchange options at Bank of New York Mellon, has left the bank, FX Week has learned.

It is also understood that a permanent replacement for Osterman has not yet been appointed.

Osterman joined BNY Mellon in January 2018, after previously serving as global head of flow options at Barclays.

BNY Mellon declined to comment on his departure.

The bank launched FX options trading in June 2018, so clients could better hedge their currency exposures and take a

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: