This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Axis CapitalMarkets has appointed Lewis Jones in an institutional sales and trading role, The TRADE can reveal. According to an update on social media, Jones joins Axis CapitalMarkets from IBP Markets, where he served as an equity sales trader for nearly three years.
BMO CapitalMarkets managing director and co-head of electronic trading has left the bank, The TRADE can reveal. Wald is departing after four years in his most recent role, according to an update on his social media. The post BMO CapitalMarkets co-head of electronic trading departs appeared first on The TRADE.
Chris Robinson has been appointed multi-asset trader at Liquidnet, joining from Louis CapitalMarkets where he worked for almost 13 years. He announced his new position in a social media post. The post Louis CapitalMarkets trader joins Liquidnet appeared first on The TRADE.
The new desk is Investec’s first low touch offering based in London and comes off the back of increased client demand, The TRADE understands. Lowres joins Investec as head of electronic trading and execution strategy after almost 17 years with Liberum. Alongside him, Matthew West joins Investec as a global electronic sales trader.
Justin Llewellyn-Jones, head of capitalmarkets, North America (equities, FX and derivatives) and chief product officer for capitalmarkets at fintech firm Broadridge has announced his departure after more than four years with the business. The post Broadridge capitalmarkets head to depart appeared first on The TRADE.
A Citadel equity trader and senior associate has left the firm to join Ilex Capital, The TRADE can reveal. According to an update on his social media, Jack Boland has joined Ilex Capital in a US equity trading and global equity capitalmarkets role.
Jamie McKenna was appointed vice president, senior global equity trader at State Street Global Advisors (SSGA) following almost two decades at GMO trading. Boston-based McKenna joined GMO in 2004 as a pricing analyst, and most recently worked in a multi-asset trading role for 15 years.
BIDS Trading has appointed Brian Hickey senior director of product. Hickey previously served as head of product at LedgerEdge for nearly a year and a half, prior to the trading platform closing down last year. Most recently, he served as head of cross-asset electronic trading, a position he held for just over three years.
Barclays selected an internal candidate and a new hire from BNP Paribas to become its new co-heads of G10 FX trading. New co-heads Torsten Schöneborn and Jerry Minier will be London-based, reporting to Michael Lublinsky, global head of macro, according to an internal memo seen by The TRADE. His next role is unconfirmed.
The TRADE understands that BlackRock has taken a minority investment. BlackRock is proud to be a founding investor in the Texas Stock Exchange to increase liquidity and improve market efficiency for BlackRock’s clients and other investors in the US capitalmarkets,” said a BlackRock spokesperson.
Invesco’s US-based global head of fixed income trading Glenn Taitz has left the firm to join Adroit Trading Technologies, The TRADE can reveal. During his time with the asset manager Taitz was responsible for Invesco’s fixed income trading desks in the US, UK and Hong Kong. He was also at Merrill Lynch for eight years.
Ruiz previously spent nearly 12 years at Credit Suisse, most recently as director, sales trader for Credit Suisse’s suite of algorithmic trading strategies, Advanced Execution Services (AES). The post Ex-Credit Suisse sales trader joins Euronext as head of continental equity sales appeared first on The TRADE.
RBC appointed two former Credit Suisse senior algorithmic trading individuals to join its low touch electronic sales and trading team. Also appointed to the low touch sales and trading team at RBC is Suzanne Webster, who joined as a multi-asset director. He joined from Luminex where he most recently served as head of sales.
Among those to have responded have been the International CapitalMarket Association (ICMA), International Securities Lending Association (ISLA) and the Association of Global Custodians (AGC). ICMA commented that progressive penalties introduces unnecessary stress to a market that is most likely already facing liquidity challenges.
Elsewhere in his tenure at NatWest Markets, he worked as a US rates strategies. Roberts announced his appointment in a social media post. Gassner joined the firm from RBC CapitalMarkets, where she served in the same role for three years prior to the move.
Read more: Saudi Exchange makes push into algo and high frequency trading In a social media post Noelle Al-Jaweini, acting chief of derivatives, congratulated Yazaid H. The post Saudi Exchange welcomes Merrill Lynch to growing list of market makers appeared first on The TRADE.
Industry stalwart Dan Hinxman joined Bloomberg as head of European credit electronic trading following almost six years as managing director at TP ICAP. His experience also encompasses hedge fund related roles, including futures and options trading and work on a fixed income desk.
The pandemic marked a seminal moment across the capitalmarkets, effectively drawing a line between the old world and the new. Outsourced trading is no longer a taboo topic. In fact, it is now firmly a part of the institutional trading ecosystem,” says Dragan Skoko, head of outsourced trading and xBK at BNY Mellon.
David Kirk is set to join Millennium, following almost three and a half years at Marble Bar Asset Management 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.
“The Panel is an independent statutory body, set up to provide advice and challenge from the point of view of financial market participants, and in order to provide input to the FCA to help it in meeting its strategic and operational objectives,” Aquis Exchange said in a statement on social media. Congratulations Alasdair!”
Its role and the way it interacts with institutional investors differs region to region. Looking into this sector, which is set to experience highly anticipated, yet arguably unpredictable, growth – note the GameStop saga of 2021 – The TRADE deep dives into some of the key considerations.
Redburn Atlantic has expanded its UK and European execution business with two new heads of sales trading. Tony Atkins was appointed UK head of sales trading. Alongside his appointment, Redburn Atlantic sales trader Luc Demoulin was appointed EU head of sales trading.
Head of EMEA equity trading at Janus Henderson and markets stalwart, Richard Worrell, is set to leave the institution for a sales role at the London Stock Exchange Group (LSEG). He will join the exchange group as head of secondary markets sales and business development in January 2024, sources have confirmed.
According to an update on his social media, Federico Grasso has joined BlackRock’s Aladdin as vice president in engineering solutions after spending the last year at FlexTrade, in a pre-sales role for its buy-side order management system business, FlexONE.
“We are embarking on the exciting endeavour of fostering transparency and access to market data for all stakeholders by contributing to the European Commission’s project to develop the CapitalMarkets Union. Data from “all trading platforms” will be included in consolidated tapes.
Virtu Financial has appointed Simon McGhee in an exchange-traded product (ETP) and fixed income sales role, The TRADE can reveal. Before joining Bluefin, McGhee held an iShares capitalmarkets role at BlackRock for three years. While at Bluefin, McGhee most recently served as a partner – a position he held for 10 months.
“Year-to-date, we’re seeing for the first time in many years a notable uptick in new fund launches and spin outs from bigger places,” says Jack Seibald, managing director, co-head of Marex prime services and outsourced trading. That’s why the money’s with them and they will probably attract even more capital.
For institutional investors, therefore, private equity can offer exposure to fast-growing, high-potential, mid-sized private companies at a comparatively earlier stage of their growth trajectory than is available through the capitalmarkets. What is private equity and how does it work? A selection of Innovate’s food.
RBC CapitalMarkets has promoted Adam Ragol-Levy to head of European and Asian product, multi-asset agency solutions. Prior to joining RBC CapitalMarkets, Ragol-Levy spent nearly five years at Bank of America Merrill Lynch, most recently working as a senior cash equities business analyst and product owner.
He began working with Marex following its acquisition of ED&F Man CapitalMarkets in 2022, where he has served as global chief operating officer and global chief risk officer. Prior to joining ED&F Man CapitalMarkets, New York-based Hood spent 12 and a half years at MF Global, most recently as US head of market risk.
Fidelity Internationals head of debt capitalmarkets for EMEA is set to leave the buy-side firm, The TRADE can reveal. According to an update on his social media, Stephen Whyman is leaving Fidelity after seven years to pursue another entrepreneurial path.
Hart has experience working in mid touch execution across UK, US and EU equities, specialising in algorithmic trading. Hart announced his new role on social media. Both became part of the Marex CapitalMarkets business which was formed in 2024 following the acquisition of ED&F Man CapitalMarkets.
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.
Darragh Mullin and Blair Nicol have joined Fidelity Internationals FX desk, based in Dublin, The TRADE can reveal. Both will report to Nigell Todd, global head of FX, The TRADE understands. His previous experience also includes a stint in an ETF pricing and trading role at Susquehanna International Group.
Announcing his departure on social media, industry heavyweight Haynes cited health reasons as the reason behind the decision. David Stevens, current chief operating officer of Aquis Exchange has taken over as chief executive, The TRADE understands, while Richard Fisher takes on the joint role of CFO and COO.
Senior equities trader for EMEA Georgina Flynn is departing from Fidelity International, as revealed by The TRADE. Flynn has an extensive career to date in trading, having spent the last eight and a half years at Fidelity. Previously in her career, she also undertook a sales trading internship at Sanford C.
Liontrusts chief commercial officer and former head of trading, Matt McLoughlin, left the UK-based asset manager after 10 years, The TRADE revealed. His departure followed news broken by The TRADE in January that Liontrust was exploring outsourcing its trading to BNY.
Alexandre Roubaud, Jaafar Amrani By joining the committee, these recognised professionals in the financial sector will help enrich our discussions and contribute to the creation of an optimal European shares and ETF consolidated tape, said EuroCTP in a social media post.
Coming in at number seven in The TRADEs most read stories for 2024 was news that Vincent Hall had joined Citi as an equity trader following two years at Citadel where he served in the same role. Miller has been with the firm eight and a half years as an employee of the bank, specialising in equity sales trading.
Speaking in an announcement on social media platform Truth Social, incoming President Donald Trump said: “Paul is a proven leader for common sense regulations. The post ‘Transparency advocate’ Paul Atkins to succeed Gensler as SEC chair appeared first on The TRADE.
We organize all of the trending information in your field so you don't have to. Join 38,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content