People Moves Monday: Pictet AM, Capitolis, and BMO Capital Markets
The past week has seen moves across the buy- and sell side, including both US and cash equities trading and capital marketplace execution.
Sell-Side
Devon Equity Management head of trading joins BMO cash equities team
New hire brings more than 15 years of buy-and sell-side experience to his new role, including stints at BlackRock and Rothschild & Co.
Deutsche Bank agency securities lending trader swaps to Capitolis
New hire joins after a 10-year tenure at Deutsche Bank, where he served across various sectors of the firm, including trading and treasury liquidity modelling.
BestEx Research unveils new algo trading platform to enhance sell-side execution
The AMS One platform is specifically designed for banks and brokers operating across global equities and futures markets, spanning key tools such as execution algorithms and an integrated TCA module.
People Moves Monday: Instinet, Piper Sandler and Marex
The past week saw continued movement across the industry, with a blockbuster sell-side head of liquidity departure, as well as hires across electronic sales and outsourced trading.
Instinet’s Dove departs firm for new chapter
London-based Dove’s next role is currently unconfirmed; he leaves the broker after almost five years leading the firm’s liquidity offering.
Piper Sandler hires from Liquidnet for electronic sales trading director
Individual brings more than 20 years of electronic trading experience to the new role, having also previously worked at RBC Capital Markets and Merrill Lynch.
NBLPs knock on the door, banks still own the house
“Large investment banks still have a stronghold on a range of products, including bespoke and structured solutions, where NBLPs do not currently compete and barriers to entry remain high,” Coalition Greenwich tells The TRADE.
People Moves Monday: SIX, Optiver and Kepler Cheuvreux
New positions across the past week include an exchange head of clearing, as well as two hires to support the growth of US institutional ETF trading, and a sell-side algo trader appointment.
Ediphy’s fairCT lands key institutional backing to drive tape delivery
The five investors - Barclays, Citadel Securities, Deutsche Bank, TP ICAP and UBS Investment Bank – will provide technology infrastructure and market structure expertise for the tape.