CS consolidates US equity trading under Mathisson
Credit Suisse has combined its US high-touch and
electronic trading business into a single trading and execution group, with Dan
Mathisson appointed to lead the new unit.
Mathisson will take up his new role in addition to being head of Credit Suisse’s
Advanced Execution Services (AES) division, which offers electronic trading tools
and services to institutions.
According to a memo seen by theTRADEnews.com,
Mathisson’s new role as head of US cash trading and execution will incorporate
the Swiss bank’s block trading, program trading and electronic trading desks.
He will report to Steven Garnett and Mike
Paliotta, co-heads of Credit Suisse’s equities business in the Americas.
Prior to joining Credit Suisse in 2000, where he
helped build the firm’s electronic trading offering, Mathisson was head equity trader at DE Shaw.
The US reorganisation follows a reshuffle of
Credit Suisse’s AES unit in Europe, with Chris Marsh becoming head of the
division in addition to his existing responsibilities as head of AES trading