Trading places, October 20, 2014

- FX Markets Comment
- 20 Oct 2014

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Two suspended FX traders leave HSBC

Serge Sarramegna and Edward Pinto have left HSBC, according to sources. The traders are understood to have been suspended since January in connection with the global regulator's probe into the alleged manipulation of the WM/Reuters fixing benchmark. The suspension was confirmed by the bank back in January.

Sarramegna was head of the G-10 FX spot desk in London, while Pinto was a Scandinavian currency trader in London, reporting to Sarramegna. He had been in

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