BNP Paribas announced the appointment of Nick Tranter as head of European equity derivatives flow sales last Friday. Tranter will take up he position on 28 January 2008 and will be based in London, reporting to Denis Frances, global head of equity derivatives flow sales and Shaun Wainstein, head of BNP Paribas' equities and derivatives platform in London.
Tranter will be responsible for accelerating the growth of BNP Paribas European flow business with an emphasis on extending client coverage and intensifying links with the UK hedge fund community.
Tranter joins from Morgan Stanley in London where he was a managing director and head of pan-European structured and flow equity derivatives sales. He has also worked for JP Morgan.
"We have made progress in growing our European flow business over the last couple of years and Tranter's appointment is an important development for this business," comments Yann Gerardin, global head of equities and derivatives.
"We expect that Tranter's track record with UK clients will help BNP Paribas develop a market share among UK institutions," explains Shaun Wainstein, head, equities and derivatives platform, BNP Paribas, London.