RBS names new Asia head of electronic markets

Not to be left out of the apparent frenzy of activity in electronic trading, RBS will unveil a new Singapore-based head of electronic markets for Asia-Pacific on Monday.

Jamie Salamon will be responsible for electronic pricing and trading distribution in foreign-exchange, money-market and fixed-income assets in the region. He replaces Stephen Lynch, who recently left the bank.

Salamon is moving from London, where he was most recently electronic markets product manager for the credit business and coordinated European electronic sales in fixed income. He will report to Pierre Ferland, Asia-Pacific head of markets, and Roger Hawes, global head of electronic markets.

A large part of Salamon's remit will be to enhance the RBSMarketplace platform, the bank's online client portal for fixed income, currencies, commodities, money markets and equities. The portal consolidates RBS's online research, strategy and interactive analytics tools, together with the bank's proprietary trade and post-trade services and access to third-party trading platforms.

Salamon joined RBS in 2005 and has helped reposition the fixed-income product management and sales effort within the electronic markets group, concentrating on the delivery of pricing, e-trading and straight-through processing solutions to clients, says the bank.

Before moving to RBS, Salamon spent four years at Tullett Prebon and eight years at Icap, both inter-dealer brokers, in the bond-broking business, before moving to the electronic side.