Exclusive: Global Head of FX James Ellery Parts Ways with JPMorgan

JPMorgan (NYSE:JPM) has a key vacancy to fill, following the recent departure of its global head 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, James Ellery, who has parted ways with the bank.

Mr. Ellery was promoted to the role of global head of foreign exchange at JPMorgan, succeeding Kahayn Mirza, who relinquished his role and headed to rival Goldman Sachs a year ago this March.

Presently, JPMorgan has no succession plans in place to assume the outgoing Mr. Ellery. Furthermore, it is not known at this time where Mr. Ellery is headed – a former reunion with Kahayn Mirza at Goldman Sachs is a possible destination.

JPMorgan has made a series of executive moves thus far in 2015, with its most recent being the promotion of James Ferguson as its newest head of its global alternative investment services operations following a sixteen-year stint with the bank.