31 July 2014

UBS picks Barclays algo specialist for FX e-trading role

UBS picks Barclays algo specialist for FX e-trading role

"It is the third time Purves has hired former colleagues from Barclays: Soon after he joined UBS as its global head of FX e-trading in October 2010, he hired Mark Meredith as head of FX e-trading quantitative analytics and Parwinder Sekhon as head of FX algorithmic technology.

The three were tasked with completely revamping UBS’s electronic FX offering, though Meredith left last October to join Citigroup."