UBS Promotes John Newman to Global Head of FX Options

UBS has promoted John Newman, 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 Options for Europe, to its Global Head of FX Options, following the void of UBS’ Tony Hall who relocated earlier this year.

Mr. Newman will still be based out of Zurich, where he presently reports to Imed Souki, Global Head of FX, rates and credit macro options trading. Mr. Hall was at UBS for nearly two decades in its FX division, working in Zurich before a move relocated him to Singapore.

Mr. Newsman himself has been at UBS for 14 years, having worked mostly as its Managing Director.