Calyon consolidates in Asia

As part of the move, two traders transferred to Hong Kong from Tokyo, where CAI’s majors trading business was based: head of desk John Arvanitis and Nicolas Marchal, a commonwealth options trader.

The bank also transferred CAI’s emerging markets options business from Singapore to Hong Kong, although no traders transferred as part of this move. The bank’s remaining emerging markets options trader in Singapore, Chris Sandford, chose to leave the bank rather than move to Hong Kong.

His position