Dresdner Kleinwort Wasserstein in Tokyo has hiredHideto Takata, interest-rate derivatives trader at Bank of America in Tokyo, in a new position trading short-term interest-rate derivatives. Torsten Schlotzhauer, head of interest-rate derivatives trading at DKW and to whom Takata reports, said the new hire has a good background in interest-rate trading, and should make a positive contribution as a market maker on the short-end. Schlotzhauer added that he plans to expand the desk, declining all further comment on this point. Takata could not be reached by press time.
At BofA, Takata reported to Chris Hodson, head of interest-rate derivatives trading. Hodson declined comment.
