Rob Flatley, head of global electronic execution for equities at Deutsche Bank, has left the company. TheTRADEnews.com understands Flatley, who left the bank in February, has joined a private equity firm.
Flatley’s departure closely follows the appointment of Jose Marques, former managing director in the alternative execution products group at rival investment bank Credit Suisse, as Deutsche Bank’s managing director and head of equity electronic trading on 13 January. Flatley was reporting to Marques before his departure.
Flatley joined Deutsche Bank as head of electronic equities execution in May 2006 from Banc of America Securities, where he was managing director of electronic trading services. At Banc of America, Flatley oversaw various aspects of the firm’s expansion into algorithmic trading and direct market access for equities and derivatives.
Deutsche Bank’s electronic equities trading product line includes the Autobahn Equity platform, which offers direct market access, execution algorithms and analytics.