Tullett Prebon hires ex-Faros trading head
Douglas Borthwick, formerly managing director and head of trading and strategy at Faros Trading, has joined Tullett Prebon as managing director and desk manager of the Chapdelaine foreign exchange desk.
Based in New York, Borthwick reports to senior managing director Neil Tullett. He will be responsible for building out the foreign exchange business at Chapdelaine, a municipal bond interdealer broker acquired by Tullett Prebon in November 2011.
Tullett Prebon is looking to develop an agency desk
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