Nomura Adds Sales Veteran Ian Daniels to e-FX team

Japanese investment bank Nomura has hired 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 sales veteran Ian Daniels to join its e-FX sales team in London, according to a report from FX Week posted today.

In Daniels' own words on his LinkedIn profile, he is strongly skilled in building long-term client relationships. He also has a strong knowledge of all aspects of electronic forex as well as algos and agency 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.

Daniels has more than a decade worth of experience in forex sales, beginning at NatWest Markets, the investment banking arm of the Royal Bank of Scotland Group.

He joined the bank in January 2008 and worked in the bank’s forex electronic market sales team for Europe, Middle East and Africa (EMEA).

Looking at his LinkedIn, Daniels spent his whole career working for the Royal Bank of Scotland. In April 2012, he was promoted to a director level in the electronic forex sales team.

Then in March 2016, Daniels was again promoted to the head of the e-FX team for EMEA. He held this position until June 2018.

From June this year, Daniels has been looking for new opportunities, his LinkedIn states. It is not clear why he left the Royal Bank of Scotland.

Before beginning his career in the forex market, Daniels attended Dartford Grammar School between 1986 until 1993.

He then began higher education at Queen Mary University in London. Starting from 1993, he studied European Studies (French) and Management Studies, graduating in 1997 with a 2:1 honours degree.

Ian Daniels is joining a rapidly-changing forex sales team

Daniels is the latest professional to join the Japanese investment bank’s e-FX team. Earlier this year in August, Finance Magnates reported that the firm had hired Ashvin Parkash as its head of e-FX and distribution sales for Asia.

In this role, Parkash will focus on enhancing the firm’s product offering and expanding the client franchise.

Daniels appointment to the firm’s London office is interesting seeing as the Japanese bank let around fifty employees go from its London office in July. This saw several senior traders leave Nomura, most notably the firm’s former Global Head of FX Trading, Nigel Khakoo.