HOT 100: Stuart Anderson, BlackRock

Throughout April The Trade will be profiling the biggest buy-side names in trading, in celebration of the Hot 100 list, published later this month.  Our second profile is BlackRock's Stuart Anderson.

Stuart Anderson, 41, is a member of the market structure and electronic trading team within BlackRock's trading and liquidity group, a position he has held since 2012. He is also a director in the business.

After graduating from York University in 1995 with a BSc (Hons) in Politics and Economics, he spent a number of years living and working in America.

He returned to the UK in 1999 and joined Bank of New York as part of the Merrill Lynch Investment Managers’ derivatives team.

Over the following eight years he developed his understanding of the derivatives market, before joining BlackRock at the beginning of 2008.

Joining as part of the derivatives solutions group during volatile market conditions, Anderson was tasked with designing and implementing bespoke portfolio solutions to address investment and liability challenges through the use of option overlay strategies.

Having acquired knowledge of both the front and back office systems for over the counter (OTC) and exchange-traded derivatives, Anderson joined his current group, the electronic trading and market structure group, as a director in 2012.

His role focuses on leading the modernisation and expansion of BlackRock’s use of electronic trading to meet liquidity needs and adapting BlackRock’s approach to market structure changes across all asset classes in Europe.

After the G20 commitment on OTC derivatives in 2009, Anderson was involved in the fundamental changes that were developing across the derivatives market from the earliest stage onwards.

Working closely with brokers, central clearing parties and regulators, Anderson led the firm’s approach to central clearing of OTC derivatives in Europe and beyond and has helped guide BlackRock clients through the evolving regulatory minefield.

Building strategic business partnerships internally and externally, he has been a vital contributor to defining and implementing a business model, which is beneficial to BlackRock and its clients.

This culminated early in 2015 with the firm’s first European centrally cleared OTC trades paving the way for a global roll out.

Anderson’s focus for the coming year will be centred on developing BlackRock’s approach to the implementation of Mifid II and the strategic opportunities and challenges it brings with it.

Outside of work, he is studying towards a level three award with the Wines & Spirit Education Trust.

He is also a keen supporter of Harlequins rugby club, when not acting as a taxi driver for his two young children at weekends. 

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