Goldman Sachs
Goldman Sachs moved to expand its high touch trading team with the addition of Lucy Heighton and Lorraine Wyley, as revealed by The TRADE.
A spokesperson for Goldman confirmed their appointments.
Lucy Heighton and Lorraine Wyley join the bank from RBC Capital Markets and Jefferies respectively and bring almost 35 years of combined experience to the role.
Heighton joins the high touch desk at Goldman after four years at RBC in an equity sales trading role. Previously, she also spent almost 15 years at Morgan Stanley in a similar capacity.
Wyley joins Goldman after most recently serving at Jefferies for almost three years in an equity sales trading role. Previously in her career, she also spent five and a half years at Numis Securities and almost three years at Goodbody Stockbrokers.
Citi
Jamie Miller and Abdul Satti have been named co-heads of EMEA electronic execution.
Previously, Miller, who has been with Citi for almost a decade, served as head of EMEA electronic equity sales trading and before that as an equity sales trader.
His expertise encompasses cash equity execution, and high touch and portfolio equity sales trading.
Satti most recently headed up the Execution Advisory Services (EAS) offering at the bank. Together, the co-heads are set to lead Citi’s client-centric and product-focused strategy in electronic execution, The TRADE understands. Specifically, London-based Satti and Miller will oversee all sales, sales trading, EAS and algo trading functions.
Elsewhere, Citi has appointed Yashar Asl has been appointed head of cash execution risk and quantitative services. He joined the bank as head of electronic trading for its EMEA equities business in 2023, and in the new role is set to focus on building a global quant product.
All three new hires will report into Sam Baig, head of cash execution, The TRADE understands.
Elsewhere, Karl Purdy has joined Citi as an equity trader having most recently worked at JP Morgan as an equity trader.
Purdy previously worked at European equities business Cazenove until the firm was acquired by JP Morgan in 2010. Purdy will be based out of Paris in his new position, where he is set to support the firm in a high-touch trading role.
Citi and JP Morgan declined to comment on his appointment.
Stifel
Joe Gilbert has left T. Rowe Price after almost 20 years to join Stifel as a director covering fixed income trading. London-based Gilbert brings extensive industry experience spanning emerging markets and fixed income to his new role.
He most recently served as head of emerging markets fixed income trading at T. Rowe Price, and during his nearly two decade-long stint at the firm, he has worked across the firm’s investment strategies and portfolio management.
He initially joined T. Rowe Price in September 2005, supporting the investment teams by delivering research reports.
Kepler Cheuvreux
Kepler Cheuvreux appointed Eva Gripsten to the role of senior credit sales, as part of the firm’s push to expand its fixed income franchise. Gripsten will be based out of the firm’s Stockholm office in her new role and is set to assume the responsibility for the coverage of Nordic accounts.
Gripsten brings more than two decades of industry experience to her new role, and joins from SEB, where she spent seven years covering real estate debt capital markets origination. Prior to this, she was a partner at Arctic Securities for five years, working across Nordic institutional accounts spanning investment grade (IG), high yield (HY) and distressed credit.
Previously in her career, she has also worked across commodities and credit sales at firms including Nordea Markets, Natixis and Morgan Stanley.
SIX Digital Exchange
SIX Digital Exchange’s (SDX) head David Newns is set to step down from his role after almost four years with the firm. Newns, who is based in Zurich, initially joined SDX in October 2021 with a mandate to take the exchange into its next phase of full operations and growth.
Before joining SDX, Newns previously spent more than 15 years at State Street in various different roles, such as global head of GlobalLink Execution Services, overseeing the bank’s FX electronic trading platforms.
Prior to this, he also served in roles as chief operating officer and senior manager for eExchange, State Street Global Markets, before later becoming the global head of Currenex from 2014 to 2017. He originally joined Currenex in 2001, serving as a founding member of the firm’s London operation.
Newns is also currently a member on the AsiaNext board of directors.