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Foreign Exchange

UBS hires G10 spot trader in Asia from Morgan Stanley

UBS has hired a G10 spot trader in Asia, according to two people familiar with the matter.

Jasdeep Heer has joined the Swiss bank from Morgan Stanley in Hong Kong and has relocated to the bank’s Asian trading hub in Singapore. He will report locally to Lai Yuk Nyen.  Heer left Morgan Stanley in March, having joined the firm in December 2009, according to Hong Kong’s Securities and Futures Commission register.

UBS declined to comment.

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