Jefferies, an investment banking company, has appointed Shawn Egger, a professional with extensive experience in foreign exchange (forex) sales as a senior vice-president for its sales team.
According to a report from FX Week published on Monday, Egger will report to Brad Bechtel, the current global head of forex who has worked with Jefferies since April 2015 and held his current position since March this year.
Egger joins the investment banking company from FastMatch, an FX trading platform. At the company, his main duty was to promote its products and services to buy-side market participants and hedge funds.
Egger joined FastMatch, a company of Euronext, the leading pan-European exchange in the Eurozone, in June last year. His move to the firm saw him leave his position at Citadel Securities where he worked in FX sales.
In this position, which he held since 2014, Egger helped build-out the company’s forex franchise. This is now one of the largest client franchises in the non-bank sector. Before his tenure at Citadel, Egger was the head of institutional sales, Americas at Swissquote and VP of sales at Integral Development.
Jefferies Confirms Rumors, Adds Fred Jallot to Team
Egger is one of the latest professionals to join Jefferies. As FortuneZ reported last month, the former global head of emerging markets for Europe, the Middle East and Africa (EMEA) at Nomura, Fred Jallot, is joining the firm from January 2, 2018.
In his new role, Jallot will be the head of European fixed income in London. He will begin his new position with Jefferies on January 2, 2019, and will report to Fred Orlan, the Global Head of Fixed Income at Jefferies, in New York.
While at Nomura, Jallot made a number of hires, with many leaving after he departed the firm in June. In his new role at Jefferies, he may rehire these professionals. However, Jefferies is known to be selective with its appointments.