HSBC hires Scudamore from RBC for G10 spot trading

HSBC has hired Ed Scudamore from Royal Bank of Canada to trade G10 spot in Hong Kong, a HSBC spokesperson has confirmed

Scudamore was a spot trader on the emerging-market currency desk at RBC Capital Markets, based in London. He began his trading career at HSBC.

Meanwhile, Ed Pinto, who trades the euro for HSBC in Hong Kong, is to return to London to run Scandinavian currency trading.

A RBC spokesperson declined to comment.