Newedge, the exchange derivatives powerhouse owned by Société Générale and Calyon, has hired Alice Ngai in Hong Kong as an FX sales trader. Ngai, who started earlier this month, was previously at Bear Stearns. She reports locally to Toby Lawson, managing director of Newedge Australia, and globally to Mike Bailey, deputy global head of FX, and Max Smith, global head of FX.
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