Exclusive: Ira Koyner Joins Morgan Stanley’s FX Options Desk from Citi

Morgan Stanley has recruited one of the most highly regarded traders in the industry, Ira Koyner. He joins the FX options desk at Morgan Stanley after spending six years at Citi as senior trader at the foreign exchange G10 options desk.

With his experience in working for a number of top multi-national banks, Koyner is to boost the foreign exchange options team at the bank. He’s known in the industry for his extensive experience in managing global option portfolios, trading desk management and team development. Koyner will be joining Morgan Stanley’s team in New York.

During his tenure at Citi, Koyner has been managing the risk and option pricing for the global vanilla EUR portfolio. In addition he spearheaded a couple of technology projects to improve Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and analytical tools and access to Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term.

Koyner joins the company a couple of months after Thomas Richards left the firm to become quant analyst at Systematica Investments.

Ira Koyner is a veteran in the industry, starting in 1996 at BNP Paribas, before joining RBS for a 10 year long tenure.