FX Veteran, Beat Nussbaumer Parts Ways With BofA after Two Months

All good things must end, even if it’s after just two months. Having recently landed at Bank of America (BofA) Merrill Lynch, veteran foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) trader Beat Nussbaumer is once again on the move.

Back on March 30, 2015, Mr. Nussbaumer joined BofA Merrill Lynch as its London-based Managing Director of FX.

Mr. Nussbaumer has been a veteran in the FX industry for over three decades, having worked at a number of leading banks. He joined Commerzbank AG in 2012, where he worked as its Managing Director and Global Head of FX Spot, having been based out of London during the duration of his tenure there.

He also held an executive level role at UniCredit, where he served as the Managing Director, European Head of FX Cash. Additional stops also included Goldman Sachs, Morgan Stanley and Union Bank of Switzerland (UBS) in other FX and trading related roles. It is presently unknown what his immediate plans are for his next role, Finance Magnates will update his role as it develops.