Mr Nick will join BNP Paribas on January 28, 2008 and will be based in London. In addition to his role as head of European equity derivatives flow sales, he will also have to oversee BNP Paribas’ equity derivatives business with UK clients. Mr Nick will report to Denis Frances, global head of European equity derivatives flow sales and to Shaun Wainstein, head of BNP Paribas’ equities & derivatives platform in London.

Mr Nick joins from Morgan Stanley in London where he was a managing director and head of Pan European structured and flow equity derivatives sales.

Yann Gerardin, global head of equities and derivatives at BNP Paribas, said: We are delighted that Nick is joining the bank. We have made excellent progress in growing our European flow business over the last couple of years and Nick’s appointment is an important development for this business. Our goal is to become a clear leader in the Flow market matching our pole position in the structured products market.