Jefferies Bache, the derivatives trading arm of investment bank Jefferies, has recruited a senior sales team from HSBC Futures as the US-headquartered bank looks to beef up its global commodities and financial futures trading unit.

Emmanuel Faure, HSBC Futures' head of business development and sales for Asia Pacific, and William Fyfe, a director at HSBC Futures, are understood to be joining Bache along with two other HSBC Futures salesmen.