Merrill steals two traders from BoA

Catalan will run the G-20 options book for the US investment bank out of New York. He reports to Karan Madan, head of FX for the Americas and head of sales and trading for fixed income, equity currencies and commodities and local currencies in Latin America at Merrill Lynch in New York.

Meanwhile, in London, the bank is understood to have lost Matt Wynne, an FX trader, and Rahan Qureshi, an emerging markets options trader. Their future plans are unknown.

Merrill Lynch declined to comment while

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