Jefferies, a major global securities,and investment banking firm, has bolstered its foreign exchange business in Europe with the appointment of Rob Malin and Dan Hart in London’s e-FX sales, per an FXWeek report.
Jefferies has brought in industry veteran Robert Malin as Senior Vice President of its e-FX sales. He leaves CLAEM LTD, where he served as a freelance consultant in sales and business development strategy to the financial services industry, specialized in foreign exchange.
Malin is based in the firm’s London office and will report to Tom Robinson, a managing director at Jefferies FX London.
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Prior to that, he served as director of sales for Europe with foreign exchange trading platform FastMatch, targeting clients in Russia as the firm moved to expand its relationships there. Malin joined FastMatch from Australia and New Zealand Banking Group, where he had been head of eFX sales for the EMEA region since March 2014. He led the build-out of ANZ’s product for the region and has worked in eFX sales for nearly ten years. Previously, Malin ran an eFX sales team out of Zurich for UBS.
The New York-based bank has also stepped up its expansion in the FX prime brokerage (PB) space with the hire of Dan Hart as a vice-president. He will report to Michael Stone, head of product and support for FXPB.
Jefferies Foreign Exchange group offers clients the ability to trade through traditional voice broking methods through its FX centers in New York, London, and Singapore, as well as through flexible e-commerce solutions.
The new hires follow a slew of executive appointments at the electronic foreign exchange unit of Jefferies. The company committed to increasing its investment in the space after on-boarding Bryan Seegers from ADS Securities last year.