Andrew Rosoman Leaves UBS to Join Hidden Road as a Partner

Andrew Rosoman, a well-known name in the institutional foreign exchange (forex) industry, has joined credit network Hidden Road as a Partner, he announced with a Linkedin update.

“I’m delighted to share that I’m starting a new position as a Partner at Hidden Road!” Rosoman wrote in a Linkedin post.

Hidden Road operates in the capital markets, providing a global credit network to institutional investors. The company, with its technology stack, is aiming to remove complexity and cost in prime brokerage, clearing Clearing Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Clearing is a general term that simply means many different things depending on the subject and related industry. Most commonly, this refers to the reciprocal exchange between banks of checks and drafts, and the settlement of the differences, or the total of claims settled at a clearinghouse. In finance and banking, the word clearing has different meanings depending on the more specific business model. Moving checks from the bank where they were deposited to the bank on which they were drawn. Th Read this Term and financing.

Rosoman, in his role, will be focused on strengthening the existing relationships of the company and building new ones.

“I’m looking forward to strengthening existing relationships and building new ones as I embark on this exciting opportunity!” he added.

To the new role, he is bringing two decades of experience, working with multiple global brands in forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term-related positions. Most recently, he was with UBS Investment Bank where he worked for nine years as the Head of FX Prime Services for EMEA.

“After 9 fantastic years at UBS; I am joining another great team,” Rosoman added in the post.

Before UBS, he worked at Credit Suisse for more than 11 years. He joined the Swiss bank in his early career and climbed the corporate ladder over the years, parted as a key member of its FX Prime Brokerage division. Also, he sat on the Board of ForexClear, which is a part of LCH.

Prime Brokers

Several other firms are strengthening their prime brokerage teams with key hires. Australia-based Invast Global made several executive additions to its prime services team, including Cyrus Poon as the Managing Director and Andrew Bradshaw as Head of the division.

Meanwhile, Jefferies is shutting down its forex prime brokerage services and has inked a deal with another industry player to migrate its clients, Finance Magnates reported earlier.