UBS Promotes Dylan Roy as Head of FX, Interest Rates & Credit Unit

UBS AG has restructured its foreign Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term, interest rates and credit (FRC) unit with the addition of Dylan Roy as the newest Head of the group's Americas division, according to a recent Reuters report.

Mr. Roy will be succeeding Kevin Arnold, who is slated to move into the newly created role of Global Head of Senior Relationship Managers in investor client services at UBS. Presently, Mr. Roy is tasked with heading UBS’ US rates trading unit.

In his new role as the Head of FRC at UBS, Mr. Roy will manage an assortment of operations, relegated principally to the Americas region.

Per the move, UBS’ senior relationship managers for equities, including Philip Dodds and Mickey Strasser, as well as their counterparts for the FRC unit, Henry Knapman, Chris DeMarco, and Hunter Jamieson, will be reporting to Mr. Arnold.

Last month, UBS made headlines after Advanced Markets announced that it would be adding UBS as its newest liquidity provider (LP) to its Direct Market Access (DMA) platform. The inclusion of UBS helps solidify the offering of Advanced Markets to a total of ten LPs six months after prime brokers announced a series of stricter Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provisions in the aftermath of the Swiss National Banking (SNB) decision this past January.