People moves: BNP beefs up in eFX

BNP Paribas is quite open about its ambitions to break into the upper echelons of the foreign exchange market. To achieve its goals, it will need to compete with the established leaders in its online platforms.

FX Poll: Top five VS BNP

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 Source: Euromoney Market Data

BNP Paribas was one of the big movers in the Euromoney poll last year, breaking into the top 10 globally with a market share of 2.26%. But it did not figure in the top 10 for e-trading.

A number of hires announced by the bank show that this effort is now in full flow:

Luke Waddington (ex-RBS and HSBC) has been appointed as Head of eCommerce for Asia and Japan, based in Tokyo.

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