Graham Newall, Managing director, Bank Austria Creditanstalt Futures

A smell of disinfected newness lingers in the London office of Bank Austria Creditanstalt Futures. Launched on June 1, it’s the first venture in the western hemisphere to use the recently merged bank’s name and corporate red is much in evidence; from the trendily designed logos emblazoning the walls to the leather sofa in reception.

Looking over his new offices, managing director Graham Newall exudes satisfaction. He points out the electronic trading terminals which will eventually be able to access any exchange in the world.