Federated Hermes taps MarketAxess for new junior credit trader

Incoming individual has been with MarketAxess for almost five years, having also previously served at JDX Consulting.

Federated Hermes has selected a former MarketAxess individual to join its trading desk as a junior credit trader, The TRADE can reveal.

Imogen Hepsworth has been appointed to the desk at the London-headquartered asset manager after spending the last four and a half years at MarketAxess in a facilitation trading role.

Hepsworth originally joined MarketAxess in 2019 as an operations analyst, moving into an analyst role in the fixed income venue’s Open Trading business a year later.

In her most recent role as a facilitation trader covering London and the US, she serviced the institutional client base for platform trading all-to-all and credit.

In her new role at Federated Hermes, she will report to head of trading, Dan Nicholls.

“We are delighted to continue our growth momentum into 2024, and welcome Imogen to our team,” Nicholls told The TRADE. “This latest hire demonstrates our ability to attract and provide a platform for some of the industry’s most impressive talent. She will be a valuable asset to our desk as we continue to go from strength to strength.”

Hepsworth’s appointment to the Federate Hermes trading desk is the second in the last 12 months after it also saw the addition of former vice president at Cantor Fitzgerald, Kendell James, in January last year.

He joined the asset manager after most recently serving as a vice president in equity trading at Cantor Fitzgerald in London and New York.

The Federated Hermes desk covers equities, fixed income, credit, foreign exchange, commodities and treasuries. It has trading teams based in London, New York, Pittsburgh and Hong Kong.

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