Global Head of FX Options Andrew Soper Leaves Crédit Agricole

Andrew Soper, the global head of 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 (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) options trading at Crédit Agricole Corporate and Investment Bank, has left the French bank, according to a report by Risk.net this Tuesday.

Instead of working at Crédit Agricole, Soper is focusing on private investment and business opportunities. A spokesperson for the French bank has confirmed the departure, according to the article published.

In the meantime, Behnouche Mostachfi has stepped in and taken on the role of acting head of global forex options. Most recently, Mostachfi was the chief business officer in the bank’s global trading unit.

With a career spanning almost 25 years, Soper has held a number of positions at well-known firms. According to his LinkedIn profile, Soper joined the French bank back in July of 2017. He was based in the firm’s operations in London.

Soper Joined Crédit Agricole from Nomura

Prior to his stint with Crédit Agricole, Soper was employed by Nomura for eight years and seven months. Joining in September of 2008, he held the role of Managing Director, Global Head of G10 Options.

Soper’s career started back in July of 1994 when he joined Goldman Sachs. Based in the firm’s London office, he worked in the derivatives operations for just over three years, before moving on to JPMorgan Chase & Co. in July of 1997.

During his almost three-year tenure with JPMorgan, Soper held two positions. Initially, he joined the company in the Exotic middle office unit, before moving on to be an FX Vanilla options trader in February of 1999, his LinkedIn states. He left the firm in March of 2000.

Soper moved from JPMorgan to Barclays Investment Bank, where he held a similar role - FX Vanilla Option trader. During the six years and nine months he worked for the British multinational firm, he was also based in London.

Before he spent eight years with Nomura, Soper was employed at Lehman Brothers Holdings Inc. from November 2006 until the company closed down in 2008. During his time with the company, he was the Head of FX Option Vanillas, according to his LinkedIn.