Andrew Alder has joined Kepler Cheuvreux’s execution platform, KCx, as a portfolio trading (PT) sales trader, to help build out the firm’s execution footprint.
Alder will be based out of London in his new role, and will work alongside a team which spans key financial centres across Europe, the US and the Middle East, including Amsterdam, Dubai, Madrid and New York.
Speaking to The TRADE on the appointment, Bobbie Port, global head of low touch and portfolio trading said: “As we continue to advance our strategic priorities, portfolio trading remains a key area of focus for us. Bringing Andrew on board will play an important role in driving this strategy forward at KCx.”
Alder joins the firm from Barclays Investment Bank, where he spent the last eight years, most recently as a director, EMEA equities electronic sales trading.
Previously in his career, he also spent more than 10 years at Instinet, in senior roles spanning global portfolio trading, product sales.
Prior to this he also worked at UBS, joining the bank in an operations-based role in 1997, before moving on to global portfolio trading and restructuring positions in locations spanning London and Stamford in the US.
Alder’s role follows further recent hires and promotions for Kepler Cheuvreux’s execution offering in recent months. In September, the firm promoted Robert Miller to the position of global head of equity execution sales, moving on from his previous role as head of market structure and liquidity solutions.
Additionally, in August, Kepler Cheuvreux made three new additions to its global team based in London and New York, with the roles covering areas including high touch sales trading and execution.