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First Derivatives' Kx names global head of forex solutions

First Derivatives plc unit Kx named Richard Kiel global head of foreign exchange solutions.

Kiel will be responsible for Kx's forex platforms business, including trading, aggregation and price distribution. He joins Kx from UBS Group AG unit UBS Asset Management, where he was head of global risk solutions.

He will report to Kx Chief Commercial Officer Pat Brazel.