Adrian Hyde, U.S. head of credit derivatives trading in New York, has quit TD Securities to set up an independent investment firm. Joe Hegener, vice chairman in New York, who Hyde reported into regionally, said Hyde quit because he wanted to set up his own project. Hyde and Hegener declined comment on the new venture.
Hyde has been replaced internally, according to Hegener, who declined to name the successor. On the product side, Hyde reported to John Gisborne, global head of credit derivatives trading in London.
