Securities broker BCS Global Markets has hired industry veteran Edward Shek as its head of equity trading.
Shek has more than 20 years of cash equity trading and a background of leading trading departments.
He was previously head of CEEMEA cash trading at JP Morgan following its acquisition of Cazenove, where he had been head of pan-European financials trading, holding responsibility for portfolio management and market making throughout the financial crisis.
While at JP Morgan he was responsible for managing cash equities across a number of markets including Russia, Turkey and South Africa.
Shek began his career as a trader at Goldman Sachs.
At BCS, he will report to co-heads of global equities, Luis Saenz, based in London and Oleg Achkasov in Moscow.
The securities broker with the largest market share on the Moscow Exchange said it believes Shek’s experience in emerging markets will help drive the firm’s goal to diversify the institutional Equities products by adding new markets, while maintaining and developing BCS’s key trading relationships with clients on both the buy- and sell-sides.