Jefferies Adds Two FX Veterans to London Office

Jefferies, a major global securities,and investment banking firm, has bolstered ‎its 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 business in Europe with the ‎appointment of Rob Malin and Dan Hart in London’s e-FX sales, per an FXWeek report.‎

Jefferies has brought in industry veteran Robert Malin as Senior Vice President of its e-FX sales. He leaves CLAEM LTD, where he served as a freelance consultant in sales and business development strategy to the financial services ‎industry, specialized in foreign exchange.‎

Malin is based in the firm's London office and will report to Tom Robinson, a ‎managing director at Jefferies FX London.‎

Prior to that, he served as director of sales for Europe with foreign exchange ‎trading platform FastMatch, targeting clients in Russia as the firm moved to expand its ‎relationships there.‎ Malin joined FastMatch from Australia and New Zealand Banking Group, where he had been head of eFX sales for the EMEA region since March 2014. He led the build-out of ANZ's ‎product for the region and has worked in eFX sales for nearly ten years. ‎Previously, Malin ran an eFX sales team out of Zurich for UBS.

The New York-based bank has also stepped up its expansion in the FX prime brokerage (PB) space with the hire of Dan Hart as a vice-president. He will report ‎to Michael Stone, head of product and support for FXPB.‎

Jefferies Foreign Exchange group offers clients the ability to trade through ‎traditional voice broking methods through its FX centers in New York, London, and ‎Singapore, as well as through flexible e-commerce solutions. ‎

The new hires follow a slew of executive appointments at the ‎electronic foreign exchange unit of Jefferies. The company committed to ‎increasing its investment in the space after on-boarding Bryan Seegers ‎from ADS Securities last year.‎