Dwayne Middleton, head of fixed income trading at T. Rowe Price, accepted the Lifetime Achievement Award from The TRADE last night at Leaders in Trading New York.
Upon collecting his award at Chelsea Piers on Tuesday, Middleton delivered a speech which reflected on his career that has spanned more than three decades – highlighting the importance of relationships and mentorship across the industry.
Middleton was put forward for the award by several peers, particularly those hailing from the buy-side, who recognised his stellar career and significant contributions to the industry,
He began his investment career in 1994, working as an associate fixed income portfolio manager at Criterion Investment Management, and quickly worked his way up the ranks to establish himself as a distinguished leader and contributor to the industry, particularly across fixed income markets.
In 2000, he joined JP Morgan where he spent nine years, serving as a senior portfolio manager, and later becoming head of US investment grade credit portfolio management.
Following this, he went on to spend more than 10 years at Morgan Stanley, initially as head of US fixed income trading, and later going on to head up the firm’s global fixed income trading offering.
He joined T. Rowe Price’s global trading team in 2019, where he oversees the fixed income trading desks globally and leads efforts to enhance and improve the overall trading process.
Middleton’s service to the industry extends beyond his individual positions, and he is also actively involved in fixed income market structure and trading technology initiatives. He is a member of the Global Trading, Counterparty Risk, and Fixed Income Best Execution Committees, and is also a vice president of T. Rowe Price Group and T. Rowe Price Associates.
Bringing a consistent willingness to listen, learn and deliver results, built from a foundation of integrity, curiosity and hard work, Middleton has achieved an undeniably successful career, which was celebrated in his recognition last night.
The TRADE would like to extend its congratulations to Middleton on a truly remarkable career.