UBS Hires Foreign-Exchange Algorithmic-Trading Team From Barclays Capital - Bloomberg
UBS AG said it hired a foreign- exchange algorithmic-trading team from Barclays Capital.
UBS hired Chris Purves as global head of foreign-exchange e-trading, Mark Meredith as head of foreign-exchange e-trading quantitative analytics and Parwinder Sekhon as head of foreign- exchange e-trading infrastructure, the Swiss bank said in an e- mailed statement.
The team will begin work in London in October and report to Chris Vogelgesang and Arie Adler, co-heads of global foreign- exchange trading, UBS said.
A Barclays spokeswoman declined to comment when contacted at the company’s London office.