BlackRock names new head of European credit trading
Individual has been with BlackRock for just over two years; has previously served at Banco Santander, StormHarbour Securities, UBS, Elgin Capital, and Goldman Sachs.
Individual has been with BlackRock for just over two years; has previously served at Banco Santander, StormHarbour Securities, UBS, Elgin Capital, and Goldman Sachs.
Barclays, BlackRock, Crédit Agricole CIB, Société Générale and UniCredit move follows a similar announcement from European exchanges in February.
Incoming executive served in various roles at BlackRock including as its co-head of fundamental equities.
The service calculates real-time indicative net asset values (iNAVs) for equity, fixed income, fund of fund and commodity exchange-traded funds (ETFs).
The past week saw appointments from LSEG’s Turquoise, BlackRock, JP Morgan, Mizuho Americas and Kepler Cheuvreux.
The move is an internal promotion, with the new head stepping up from his previous role as EMEA head of rates trading.
The world’s biggest asset manager delivered a solid report for the past quarter, plus full year results supported by strong sales in technology and ETFs, and record institutional inflows.
BlackRock’s global head of trading talks exclusively to The TRADE about her decision to move on, her plans for the future - and her pride in the legacy she leaves behind.
Outlooks from players including Fidelity and JP Morgan are predicting an upturn for equities in 2023, despite an expected global recession, as the market prices in the risk and the Fed nears a rate-hike peak.
The first phase of the partnership will give clients access to real-time prices via Tradeweb’s AiPrice service for 25,000 corporate bonds on the Aladdin platform.