Spotlight on: Jon Hitchon, Deutsche Bank

Jon Hitchon at Deutsche Bank

In June, Deutsche Bank announced it had merged its over-the-counter and listed derivatives clearing businesses to create a multi-asset-class clearing platform covering foreign exchange, interest rates, commodities, credit and equities. The new unit, known as Markets Clearing, is managed by Jon Hitchon, who was previously global co-head of the bank's prime-finance business. Three months after his promotion, Hitchon tells FX Week how Markets Clearing is preparing for the shift to central clearing

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