Yeoh Hong Nam, Asian currency trader at Standard Chartered in Singapore, has moved to Deutsche Bank in a new position as a general Asian options trader. Nam is responsible for trading currency options on Asian and G-7 currencies. He reports to Rig Karkhanis, head of emerging market currency trading. Deutsche Bank is looking to leverage customer flows and sees a strong future in Asian currency trading, according to a trader close to the firm. Nam could not be reached by press time. Karkhanis declined comment.
Nam was responsible for trading Thai baht, Singapore dollar and Philippine peso options at Standard Chartered, reporting to Colin Newman, head of foreign exchange options. Officials at Standard Chartered declined comment.
