People Moves Monday: Swaps and (moving) forwards

BNP Paribas, Coremont, Morgan Stanley and TORA all saw new additions and departures this week.

The last week saw several traders from major sell-side players trade places and take up a similar role at a rival firm.

Paul Barker joined the European single stock trading team at BNP Paribas as a senior trader after also previously serving in the same division at Citi and Morgan Stanley. BNP Paribas said Barker’s addition reflected its ambition to building a leading flow trading team in Europe.

Stoyan Dogandzhiyski joined Morgan Stanley as a vice president in EM rates and FX trading after spending the last seven years at BNP Paribas in the same role.

During his tenure at BNP Paribas, Dogandzhiyski served in various roles across macro research, CEEMEA debt capital markets and EM rates and FX trading. Prior to joining the bank in 2015, he spent seven months at UniCredit in a global capital markets role and five months at Expat Capital in an investment management role.

Elsewhere, Coremont, the operational infrastructure platform that spun off from hedge fund Brevan Howard in 2018, hired Balaji Krishnamurthy as its new chief technology officer.

Krishnamurthy was most recently managing director of post-trade technology at JP Morgan, based in New York, which included the role of global head of middle-office for equities and fixed income, and global head of post-trade technology for equities, prime and wealth management. 

He joined JP Morgan in 2014 from Barclays, where he spent four years as director of post-trade technology. Prior to that he was a prime broker and cash equity head for Nomura in Mumbai, India, which he joined through the bank’s acquisition of Lehman Brothers (where he worked as prime broker technology lead) in 2008. He started his career as a software engineer with Goldman Sachs. 

Trading technology provider TORA has tapped State Street for its new director of sales, based in New York. Alex Findlay joined TORA after serving at State Street for the last six and a half years as its vice president and sales and relationship manager for its FX Connect service across various regions including EMEA and most recently, North America.

Prior to joining State Street in 2016, Findlay spent two years at Bloomberg as a technical account manager for clients of the B-PIPE Enterprise Market Data feed and spent another four-and-a-half-year stint at State Street in FX trade operations focused roles. He began his career at Thomson Reuters as a market analyst.