News

New appointment has worked across the fixed income industry for more than 10 years, at firms including the UK Debt Management Office, BGC Partners, LXM Group and RP Martin.  

Incoming hire joins from Millennium, and has previously served at Jefferies, Citi and UBS Investment Bank.  

Through the development of a tokenised securities platform, the New York Stock Exchange (NYSE) will also offer instant settlement, orders sized in dollar amounts, and stablecoin-based funding, pending regulatory approval.

New hire joins after a three-year tenure at AXA IM; he brings extensive multi-asset electronic trading experience to his new role.  

Following a reestablishment, the team now comprises members operating across APAC, London, and New York time zones, The TRADE can reveal. 

The service allows buy-side access to centrally cleared reverse repo transactions. 

“Moving from tradfi to crypto is not a plug and play but requires an understanding of the nuances of the market,” Acuiti’s founder and managing director tells The TRADE; two thirds of respondents to Acuiti’s survey reported that building connectivity to crypto venues was ‘challenging’ while 34% found no difference to traditional markets.

New hire has previously served at Amundi, BMO Global Asset Management, MUFG and Northern Trust Asset Management.  

The past week saw head of trading appointments, a series of senior trading moves, and promotions across equities, FX and emerging markets credit. 

Appointment joins following 11 years at Standard Chartered.