Patrick Sollinger, head of index trading at Commerzbank in Tokyo, has resigned, according to officials at the firm. He reported to Tim Reed, Asia head of derivatives in Tokyo. Reed declined all comment and Sollinger could not be reached.
An official at the firm said Joe Yang, an equity derivatives trader, has assumed Sollinger's responsibilities overlooking cash and over-the-counter index trading. Yang was on vacation and could not be reached for comment.
