Rohan Ramchandani, the first trader to be fired in connection with a global investigation into possible manipulation of foreign exchange markets, has landed a new job, making him the latest in a series of controversy-hit traders to resurface in new roles.

Ramchandani, formerly head of European spot foreign-exchange trading at Citigroup - the largest dealing bank for foreign exchange- started Wednesday as chief adviser for foreign exchange spot and risk management at London Capital Group, an online trading services provider, its chairman Charles-Henri Sabet said.