Swap dealer consortium is looking for a new chair after Gavin Dixon left BNP
A powerful consortium of the
world’s top swaps dealers has opened talks with
senior figures at its member firms about becoming the new
chairman of OTCDerivNet after its former head Gavin Dixon left
BNP Paribas and stepped down as chair of the group.
OTCDerivNet, which has a profit share in
place with and provides "strategic direction" to the
world’s main swaps clearing house LCH.Clearnet
SwapClear, is said by sources to have spoken to a handful
senior swaps dealers at some of its 13 member firms about
taking the reins at OTCDerivNet.
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