To meet the growing demand for global currency options in Asia, ABN Amro has brought in a new currency specialist to its recently formed Financial Markets business.

Clifford Bayne, the new member on the bank's regional currency option trading desk in Singapore, will work with Terence Yiu, the head of Regional Currency Options. Together they will report to Douglas Bongartz-Renaud, the global head of the bank's Global Foreign Exchange Options (GFXO) team.

Prior to joining ABN Amro, Bayne worked at Standard Chartered Bank and has had extensive experience in exotic, non-vanilla options trading. According to Bongartz-Renaud, "Cliff's appointment builds our overall currency options capability and meets rapidly increasing demands from Asian clients for exotic options."