Trading places, April 23, 2012

- FX Markets Comment
- 23 Apr 2012

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Morgan Stanley e-FX head departs for Knight Capital
Keith Andrew, head of e-FX trading at Morgan Stanley, has left the bank to join Knight Capital's market-making business in London. He will start later this year. It is understood the appointment is part of a move by Knight Capital to expand its market-making business in both the UK and the US. Morgan Stanley and Knight Capital declined to comment.

Karnik departs JP Morgan
Subodh Karnik, head of North American institutional foreign exchange sales

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