Burton, a market veteran with more than 25 years’ experience in the FX markets, joined SG in 2008 after a four-year stint at Lehman Brothers. He spent 10 years at Goldman between 1994 and 2004, where he rose to head of FX sales for Europe.
His departure represents a significant loss for SG, which also saw its co-head of global FX trading, Dan O’Sullivan, resign in November.
SocGén was globally ranked 13th in last year’s Euromoney FX survey. They ranked 14th with financial insitutions, which includes non-market making banks, real money and hedge funds, with a market share of 1.32%, two notches below the previous year when they had a market share of 1.9%.
SocGen wasn’t immediately able to comment on the departure, and Burton declined to comment when contacted by EuromoneyFXNews.