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For the first time, The TRADE is announcing the 2023 Rising Stars of Trading and Execution ahead of the gala awards ceremony, Leaders in Trading on 8 November. Find previous years’ recognised shortlists here: 2022 – 2021 – 2020 – 2019 – 2018 – 2017 – 2016 – 2015.
Union Investment’s Christoph Hock is set to step away from his role as head of multi-assettrading later this year to pursue an opportunity in digital assets and tokenisation within the assetmanagement firm, The TRADE can reveal. Union is bolstering its digital assets division, The TRADE understands.
Fintech giant FIS has acquired SaaS post-trade platform Torstone Technology, according to multiple sources close to the matter. The deal will further bolster FIS’ capital markets technology offering, having acquired SunGard in a major deal back in 2015.
Running for its ninth year, the Rising Stars initiative, in partnership with Instinet, has recognised a number of up-and-coming talents over the years, many of whom have gone on to hold impressive roles and head up some of the largest and most successful desks across the world’s leading assetmanagers and hedge funds.
Royal London AssetManagement’s (RLAM) trading team is no stranger to change. The London-based assetmanager has undergone not one but three makeovers in recent years as it continues to evolve with the demands of the street. More recently though, RLAM’s trading team has undergone another revamp.
Assetmanager Ninety One has promoted from within for its new deputy global head of trading and head of trading for South Africa, The TRADE can reveal. Former head of trading for South Africa at Ninety One, Doug Blatch, has been selected to support global head of trading at Ninety One, Cathy Gibson, as deputy.
Christoph Hock, head of multi-assettrading at Union Investment, accepted the Lifetime Achievement Award at The TRADE’s Leaders in Trading 2023 gala awards ceremony last night. The TRADE would like to extend its congratulations to Hock for his long-standing commitment and service to the industry.
The TRADE is delighted to announce the shortlisted nominees for the Industry Person of the Year Award 2023. The winner will be decided by a live industry vote at The TRADE’s Leaders in Trading gala awards night on 8 November. Congratulations to this year’s shortlisted nominees!
David Kirk is set to join Millennium, following almost three and a half years at Marble Bar AssetManagement where he most recently served as a trader, The TRADE understands. Kirk joins the capital management firm with experience working as a trader on both the buy- and sell-side.
Ninety One trader Tom Nickalls is set to leave the assetmanager after 11 years to join Morgan Stanley, The TRADE can reveal. After 11 years my time at Ninety One (and formerly Investec AssetManagement) has come to an end. He was recognised as a Rising Star of Trading and Execution at Leaders in Trading in 2021.
Louis de Kock is set to depart J O Hambro Capital Management in the coming weeks, with Adam Simmons taking over as head of trading, as revealed by The TRADE. Assetmanager Ninety One promoted from within for its new deputy global head of trading and head of trading for South Africa.
Industry stalwart Dan Hinxman joined Bloomberg as head of European credit electronic trading following almost six years as managing director at TP ICAP. Earlier in his career, Hinxman also held senior positions at CME Group before departing in 2015, most recently working as head of sales and commercial development for CME Europe.
What has your journey to the trading desk been like? I spent the first 20 years of my career at the global bulge bracket banks, first in investment banking and then on the institutional equity desks, in a cross-asset and special situations role. My day may range from trading liquid US stocks to more illiquid European names.
Marex to acquire Cowen’s prime brokerage and outsourced trading business from TD At number ten was a story broken by The TRADE in September, news that Cowen’s prime brokerage and outsourced trading business had been acquired by Marex just six months after TD completed its purchase of the business. He will report to Blatch.
For some assetmanagers and hedge funds, the seemingly impossible notion of all traders not physically sitting together on a centralised desk and communicating face-to-face was all but wiped away overnight as the hybrid working setup was forcibly tested and passed with flying colours. Outsourced trading is no longer a taboo topic.
FIS acquires post-trade platform Torstone Technology Coming in at number 10 in our 2024 most read countdown was a major merger and acquisition scoop announced at the start of the year. As revealed by The TRADE and sister publication Global Custodian in February, fintech giant acquired SaaS post-trade platform Torstone Technology.
Liontrusts chief commercial officer and former head of trading, Matt McLoughlin, has left the UK-based assetmanager after 10 years, The TRADE can reveal. McLoughlin declined to comment when approached by The TRADE. McLoughlin was recognised as one of The TRADEs Rising Stars of Trading and Execution in 2016.
Following almost ten years at ING bank, market structure expert Stephane Malrait joined Etrading Software as chair of its industry stakeholder group (ISG) on the consolidated tape (CT), as revealed by The TRADE. Stuart McDonald was appointed director, cross-asset trader at Julius Baer, based in Monaco.He
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