Investment bank Nomura has boosted its derivatives business in the Asia-Pacific region with the hire of former Deutsche Bank equity derivatives head Jean El Khoury.
El Khoury joins Nomura as head of equity derivatives trading, Asia-Pacific, responsible for flow, structured and warrant derivatives trading across the region. He will be based in Hong Kong and report to Nomura's head of equity trading for Asia-Pacific, Arnaud Bastit.
At Deutsche Bank, El Khoury was co-head of equity derivatives trading for North America. He has also worked at the index derivatives flow trading division for Morgan Stanley in New York and J.P. Morgan in London.
“Expanding our derivatives business and developing a best-in-class trading platform are crucial steps in establishing Nomura as a leading equities house in Asia-Pacific and globally,” said Bastit. “Jean has a great reputation in the market and his extensive experience in derivatives trading will be instrumental in serving our clients in the region.”