Commerzbank FX options head departs

Richard Bailey is currently on gardening leave at the bank

commerzbank

Richard Bailey, head of foreign exchange vanilla and flow options at Commerzbank, has left the firm, according to a source familiar with the situation.

Based in London, Bailey reported to Nick Crawford, global head of FX trading. He is currently on gardening leave from the bank and his future plans are not yet known.

Bailey joined the corporates and markets division at the bank in November last year, having previously had a spell on the buy side as head of FX options trading at Infinium Capital

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