The move marks a return to the buy-side firm for new hire, who previously spent five years at State Street Investment Management in various senior ETF-related roles.
New hire joins the investment manager from 1 June, and also previously served at firms including IMC Trading, Exane and Societe Generale.
The authorisation marks the culmination of the consolidated tape's regulatory process; Etrading Software was granted a £4.8 million contract by the FCA to deliver the tape back in September 2025.
The integration will allow Bank of America clients to mitigate cross currency swaps-related risks, and is set to support liquidity optimisation and reduce daily funding requirements.
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The past week has seen a spate of moves across the sell-side, including a new global head of equities hire, as well as additions to outsourced and equity sales trading desks.
New hire joins after almost seven years at the investment manager, and is set to support Kepler Cheuvreux’s UK client offering, The TRADE understands.
The integration is set to boost market visibility and transparency for BCC clients looking to operate in the country’s FX market.
Firms say ETFs can no longer be treated as “just another fund wrapper” as active products, retail flows and synthetic structures reshape the market.
New hire had initially spent almost three years at the firm, and rejoins after a four-year tenure at Clear Street.