Morgan Stanley hires head of FXEM trading for Asia

David Hong has joined from RBS to take charge of the trading of G10 and emerging market currencies and rates in the region.

Morgan Stanley has announced that David Hong has recently joined the firm from Royal Bank of Scotland as a managing director and head of FXEM trading for Asia. In this position, which he assumed on August 31, he will be responsible for the trading of G10 and emerging market currencies and rates in the region.

Hong is replacing Stephen Glynn, who remains in Hong Kong, but has taken on global responsibilities. Hong too is based in Hong Kong and reports to Glynn, as well as to Senad Prusac in New York. Glynn and Prusac are co-heads of foreign exchange and emerging markets FXEM. Regionally, Hong also has a reporting line into Hong Kong-based Ranodeb...

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