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Commerzbank Looks For FX Trading Honcho...

Commerzbank is looking to hire a head of global foreign exchange options trading for its London office, following the departure late last month of Jonathan Prole, head of global fx options trading. Edward Voorhees, global head of fx sales and trading in London, confirmed Prole is no longer with the bank but declined further comment. Voorhees said he has taken over fx options trading in the meantime, though he is looking to hire a replacement to manage the options book as well as deal with internal and external marketing. "I'm not looking for someone who is only a dynamic trader or just a pure marketer," he noted.

Prole had been in the role since the beginning of the year. He is said to be looking for work, but could not be reached. Voorhees stressed the bank remains committed to the options business and commits 11 traders around the world to the market, plus a handful of quantitative options analysts.

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