The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site. Please see our Subscription Terms and Conditions.

All material subject to strictly enforced copyright laws. © 2022 Euromoney, a part of the Euromoney Institutional Investor PLC.

FX market round up: GFI mounts raid on Tokyo

Inter-dealer broker GFI has poached a team of veterans from it its rival TFS-Icap. The move is likely to result in the defection of four or five of TFS-Icap’s staff in Tokyo and another veteran broker in Hong Kong, pending the resolution of contractual issues.

Among those on the move in Tokyo are market veterans Ray Meenan and his even more experienced colleague Peter McDonald, as well as Jody Meenan, Takeshi Nomura and ‘Cali’ Kawazoe-san. James Moon has also left his position at TFS-Icap in Hong Kong. Market buzz is that all of them have signed relatively long contracts.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.


Unlimited access to and

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually


Unlimited access to and, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors


Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree