Industry veteran Stephane Treny joins Equiti Capital FX desk

Stephane Treny, commented:

Now, more than ever, the need for voice execution is apparent, especially when dealing with big sizes or sensitive currency pairs. Outsourcing voice execution brings greater flexibility by personalizing the way deals are executed. It also facilitates interactions and discussions about market trends, market views and trade ideas, such as:

We are currently facing Brexit uncertainty and see a big opportunity, like the look of shorting GBPUSD over the next 3 months, targeting 1.2252 spot. The GBP Citi FX PAIN index shows a long GBP positioning, whereas the GBP implied volatility distribution is paying extra volatility to hedge downside risk – 3 months tenor having the sharpest skew. This could translate to a sizable GBP correction.

Benedict Sears added:

We also welcome Edouard Gabrillagues to the FX Desk in a junior role and will soon announce another senior voice sales hire that will further bolster Equiti Capital’s London-based agency FX Desk.

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