Calyon chief heads Newedge

New York-based Max Smith was last week named global head of foreign exchange at Newedge. Smith was formerly chief FX dealer at Calyon Financial. Ryan Schiff, Chicago-based former global head of Fimat FX becomes global head of liquidity. The duo will be responsible for a team of 19 sales and trading personnel based in the US.

Head of FX sales and trading at Fimat in London Mike Bailey oversees a 13-strong team in London. Toby Lawson, former managing director of Fimat Australia, heads a team of

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