Participants encouraged by Thomson Reuters’ FX management changes

Thomson Reuters building in Canary Wharf

Market participants have expressed support for the senior management changes announced by Thomson Reuters' marketplaces business last month, which include the appointment of FXall chief executive Phil Weisberg as global head of FX in New York.

The appointment, which is effective immediately and coincides with the departure of Jas Singh after 10 years at the helm of the vendor's FX business, is seen as a sign that Thomson Reuters is actively seeking to redefine and expand its role in the industry