Midland Names New FX Options Chief; Merges Group With Special Exotics Team

BANKS

Midland Global Markets in London has reshuffled global FX options responsibilities in London after global FX options chief Paul Jackson resigned to take a year out of the markets. Foreign exchange director Rob Loewy, who had oversight of Jackson's group, says that Rob Benson, head of the MGM "special derivatives group" (SDG) will now manage FX options as well.

"Because of Paul's decision, we have brought forward something that we had planned for some time, uniting currency options with the sp