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Foreign Exchange

FXall Europe reshuffle continues; head of bank sales leaves

The head of bank sales at FXall, the leading multi-dealer trading platform, has left the firm, a company spokesperson confirms.

David Woolcock, who joined the FXall in 2004, left the firm this week, the spokesperson says. In a statement, the company adds that Woolcock has been a valuable employee during his eight years with FXall and they wish him well in his next role. Woolcock’s FX career began at HSBC in 1977. Woolcock is the latest departure from FXall’s European team this year. Mark Warms, who had run the firm’s European operations, left in April, and Keith Hill, head of European sales, departed in July and took up the role of global head of e-FX sales at Société Générale in September.

FXall adds in its statement that the firm continues to operate with a strong sales team in Europe – led by James Watson, who was hired from Morgan Stanley to replace Warms as head of EMEA – and has recently added to its bank sales team, which includes Martin Elsom, who joined in July from Bloomberg, and Lisa Thorn, who joined last month from TraderTools.

FXall was acquired by Thomson Reuters for $643 million in July, but the two trading platforms will continue to operate separately for an undefined period, a Thomson Reuters spokesperson says.

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