BGC Group hires from Citi for equity derivatives sales trader

Individual joins the broker after spending the last five years at Citi working across various roles.  

Raymond Cortes has joined BGC Group as an equity derivatives sales trader, based out of New York.  

In his new role, Cortes is set to cover equity derivatives, liquidity solutions and credit.  

He joins the financial technology and inter-dealer brokerage firm from Citi, where he spent the last five years, most recently covering institutional FX sales.  

While at the firm, he also worked across equity derivatives sales and initially joined as a sales and trading analyst in 2020.  

Read more – CFTC approves BGC Group to trade US Treasury and SOFR futures on FMX 

The appointment also follows news in January 2024 that BGC Group had received approval from the Commodity Futures Trading Commission (CFTC) for its FMX Futures Exchange to operate as an exchange for US Treasury and SOFR futures. 
 
Cortes confirmed his new role in an announcement on social media.  

BGC Group had not responded to a request for comment at the time of publication.

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