UniCredit hires former Macquarie trader for exotic options trading

UniCredit has hired an exotic options trader from Macquarie Bank to be based in London, according to people familiar with the situation.

Lotfi Bensassi joined the Italian-based bank earlier this month, having previously traded emerging markets FX options at Australian investment bank Macquarie, where he was based in London and spent less than a year. Bensassi will report to Peter Jerrom, head of FX options trading, the people say.