BGC adds institutional FX

NEWS

The new desk will target smaller financial institutions, and is being headed by ex-IFX Markets director of FX sales and trading, Steve Pryor, who becomes director of FX. In this role, he reports to Nigel Renton, managing director of FX at BGC in London.

BGC also confirmed the addition of the seven-strong team that worked under Pryor at IFX, as it looks to further expand the existing FX business (FX Week, December 19 2005).

BGC, launched in 2004, has grown from a headcount of 400 to over 1,600

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