Noreddine Sebti, head of European equity derivatives trading, is moving to Deutsche Bank's New York office. Nino Kjellman, managing director in equity flow trading, will replace him. Kjellman will co-head equity derivatives trading with Richard Carson, head of exotic equity derivatives trading. Sebti and Carson could not be reached by press time, but Kjellman confirmed the move. Sebti's precise role in New York could not be determined.