Fimat reorgs to specialise

As part of the move, a new appointment has been made at the Chicago office, said the sources, although officials and spokespeople at Fimat declined to comment.

Meanwhile, Michael Bailey joined Fimat in London last week as a senior FX trader, reporting to Julian Knight, European head of FX in London. He left Carr Futures, where he was also an FX trader, at the end of last month following the closure of the FX desk there. Fimat’s London team works alongside Ryan Schiff’s FX trading team in Chicago

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