Dan Monckton, former EMEA head of program and electronic trading at Credit Suisse has joined Cantor Fitzgerald as co-head of EMEA electronic execution services, The TRADE can reveal.
In the new role London-based Monckton will report to Andrew Shortland, head of equities, EMEA, The TRADE understands.
Prior to the move, Monckton spent two decades at Credit Suisse in a range of program trading related senior positions. His expertise includes managing algo, DMA and low latency cash and derivatives businesses as well as driving client coverage and product development.
In his most recent position, he managed a total headcount of 30, including five managing directors, across four countries.
Before this, he spent five and a half years at Morgan Stanley, working in program trading sales.
Credit Suisse has seen a sweep of personnel changes in recent times, following its acquisition by UBS last year, and over the last quarter, other high profile ex-employees have joined firms including Instinet, Wells Fargo, TD Cowen, and RBC.
UBS agreed to buy Credit Suisse in March 2023, in a marriage orchestrated by the Swiss government and at the time was viewed with trepidation by some as there were concerns it would trigger widespread jobs losses in the UK. Credit Suisse employed about five thousand people in the City before the takeover.
Cantor Fitzgerald declined to comment.