Trading Places

Spot trader Philip Peters is expected to join National Commercial Bank in Jeddah, Saudi Arabia, market participants told FX Week, where he will work with chief foreign exchange dealer Ravi Mudan. Mudan declined to comment on the potential appointment.

Peters recently left Rabobank in London (FX Week, September 9), where he traded yen. Prior to that, he was chief foreign exchange dealer at Dai-Ichi Kangyo Bank (DKB) in London, where he worked with Mudan.

Peters left DKB in 1999 ahead of its Se