HSBC Global Asset Management names new head of European equity trading

London-based individual was previously head of equity trading at HSBC; has also held positions at AllianceBernstein and Henderson Global Investors.

HSBC Global Asset Management has named Aaron Waters head of European equity trading, following three and a half years as head of equity trading at the bank, The TRADE can reveal.

In this new role Waters will head up a desk made up of traders located across Paris and the UK and report to Andy Ho, global head of equity trading.

Prior to this promotion, he managed the London-based equity dealing desk as head of equity trading, and before that was a senior electronic trader. 

Waters has previously held senior positions at AllianceBernstein (AB), most recently as an equity trader based in Hong Kong. Before joining AB, he worked as a performance analyst at Henderson Global Investors.

Earlier this month, The TRADE revealed that HSBC’s head of artificial intelligence (AI) for markets and securities services, Ash Booth, had departed for rival bank, JP Morgan. With his departure came the appointment Edward J Achtner as lead of HSBC’s newly consolidated Office of Applied Artificial Intelligence (OAAI).

HSBC launched its digital service offering – AI Markets – in May, with the aim of enhancing the way institutional investors connect to the markets globally.