Bernstein hires equity sales trader from RBC Capital Markets
New hire previously spent nearly five years at RBC, and has also served at ODDO BHF, Societe Generale and Eurex.
New hire previously spent nearly five years at RBC, and has also served at ODDO BHF, Societe Generale and Eurex.
New hire spent 17 years at Stifel working across various institutional equity sales-based roles, and also previously worked at Bear Stearns.
More institutions are expected to join the venue as live market operations progress; news follows FCA authorisation of BPX in June 2025 to operate a regulated marketplace for traditional and tokenised securities.
The new team now comprises of a senior hire from Barclays, as well as several internal hires, with the aim of aligning the firm’s global sales and trading offerings, The TRADE understands.
Appointment marks a return to the German-based firm, after stints at Morgan Stanley and BNP Paribas CIB.
New hire has worked across pan-European and US equity markets for more than two decades, and previously served at firms including Rothschild & Co, OpenExchange, Mediobanca, HSBC and UniCredit.
Traders across asset classes expect electronic channels to account for more than a third of volume next year, a 10% increase from predictions for 2026.
Richard Worrell joined LSEG in 2024, serving as co-head of equity trading and head of business development.
The new offering – known at STG Securities – is set to build on the Group’s existing technology and capital in order to “provide competitive liquidity across exchanges and partnerships”, said the firm.
In April 2025, The TRADE revealed that Stifel that it would be closing its UK-based equities trading business, with potential jobs cuts expected to follow, before the firm confirmed the decision in December 2025.