RBC Brings In Martin Persson as Its FX Sales Specialist

The Royal Bank of Canada (RBC) has secured the services of foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (FX) maven, Martin Persson, who joins the bank as its newest sales specialist, according to information made public on his LinkedIn profile.

In his new role at RBC, Mr. Persson will help direct the group’s FX sales division – he will be based out of London, following several similar roles with a distinctly European focus, all relegated to FX.

Prior to joining RBC, Mr. Persson worked at several leading financial institutions, including HSBC, Barclays Capital, and Nomura, dating back to 2007. In these roles, his area of focus extended principally to Northern Europe, specifically in the realm of FX sales.

The addition of Mr. Persson is the first noteworthy move at RBC since May, when the RBC Capital Markets landed longtime financial services executive, Matt Fennessy as its Director of FX Sales. Mr. Fennessy joined RBC Capital Markets from Citi, having worked there for over a decade across a number of senior level roles during his time with the lender.

RBC Royal Bank, also known as the RBC Financial Group, is the largest financial institution in Canada. Headquartered in Toronto, the banking group offers financial services across a multitude of asset classes, including Equities Equities Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Equities can be characterized as stocks or shares in a company that investors can buy or sell. When you buy a stock, you are in essence buying an equity, becoming a partial owner of shares in a specific company or fund.However, equities do not pay a fixed interest rate, and as such are not considered guaranteed income. As such, equity markets are often associated with risk.When a company issues bonds, it’s taking loans from buyers. When a company offers shares, on the other hand, it’s selling pa Read this Term, futures and FX.