Outsourced trading

The new hires have been made in order to meet the growing demand the firm is seeing across “all major regions” The TRADE understands. 

As developments and exits from the outsourced trading world continue to drive discourse around the topic throughout 2025, The TRADE returns for the third year with this dedicated handbook, delving deeper into outsourced trading, delivering insights from across the industry, and sharing its latest Survey findings. 

The past week has seen a swathe of moves across outsourced trading, equities and algorithmic trading.  

Individual spent three years at UBS as a multi-asset trader and has also previously worked at Axia Futures and Odey Asset Management.  

The past week has seen a variety of moves spanning the sell-side, outsourced trading and sales trading. 

The hires, based in Frankfurt and London, join from firms including UBS and Western Asset Management. 

Individual left UBS earlier this year following the unexpected decision to shutter its outsourced business in March 2025, as revealed by The TRADE at the time.

Decision to switch focus to internal servicing marks the second retrenchment from a bank in the outsourced trading space this year.

Individual has been re-hired by Tourmaline Partners after four years; outsourced provider is looking to leverage his experience across both the buy- and sell-side.