Nomura sees macro talent and senior operations exec make hedge fund moves

Nomura is experiencing a trend of employees leaving its macro trading business for positions at hedge funds, as reported by eFinancial Careers. This pattern has been particularly evident in Singapore, where the Japanese bank has been actively recruiting traders from competitors. The latest departures extend to other locations as well.

Specifically, two senior US dollar options traders, Lynn Xie and Lim Jia Cong, have both switched to hedge fund firms in New York. Their future employers remain unknown. The London macro division at Nomura has also faced staff turnover, with junior FX options trader Lorenzo Chiesa joining Citadel, where he is now involved in FX volatility, relative-value, and macro strategies.

Additionally, Sam Green, an executive director on the London rates options desk, departed in August, according to the Financial Conduct Authority's records. As of now, Nomura has not issued any statement regarding these employee exits.