BlackRock
BlackRock’s co-head of global trading, Jatin Vara, is departing the firm to embark on a new chapter after 27 years at the asset management giant.
Vara stepped up to his most recent role following Supurna VedBrat’s departure in January 2023, after being promoted from his previous position leading international and emerging markets trading.
He served as co-head of global trading alongside Daniel Veiner, who was named head of markets at the firm in July 2025.
Vara’s next role is currently unconfirmed.
Jefferies
Brandon Peoples has joined Jefferies, serving as the firm’s new global head of outsourced trading.
Peoples will be based out of New York and brings more than two decades of industry experience to his new role, spanning outsourced trading, execution services and market structure.
The appointment is expected to increase the expansion of Jefferies’ global outsourced trading platform, and Peoples joins the firm from Cantor Fitzgerald, where he spent the last six years leading the firm’s global outsourced trading offering.
Prior to this, he served at EastBay Capital as head of domestic trading and operations for more than six years.
Previously in his career, he has also worked in various trading-based roles at Diamondback Capital and XI Asset Management.
BBVA
Chloe Shepherd has joined BBVA as a vice president, repo trader, based in London.
Shepherd joins the Spanish bank after nearly three years at Citi, where she worked as a credit repo trader in locations spanning both London and Hong Kong.
Prior to this, she served at RBC Capital Markets for five years, initially joining as a credit trading analyst in 2018, before later being promoted as a repo trader, associate in 2019.
She also gained early career experience in global markets sales and trading at RBC.
Legal & General Asset Management
Legal & General Asset Management has made an addition to its fixed income trading team, appointing James Maddox as a junior credit trader.
London-based Maddox joins the firm after more than two years at TSB Bank, where he initially joined as a Treasury junior analyst in 2023, before later being promoted as a dealer, covering swaps, gilts, SSA and covered bonds, repo and FX.
Prior to this, he also worked across multi-faceted investment strategy in equities at hedge fund RAB Capital.
Maddox also gained early career experience at firms spanning JM Finn and Killik & Co.