The TRADE sits down with head of electronic trading and execution strategy at Investec, Dominic Lowres, following the launch of the bank’s new low touch trading platform ZebrA-X, to deep dive into trends across the low touch sphere and the impact of shrinking commissions on the competitive landscape.
The platform – ZebrA-X – is designed to facilitate the efficient execution of block trades, The TRADE understands.
The past week saw appointments across e-trading, execution strategy, and credit trading, as well as the departure of a managing director.
The pair have been with Liberum for almost 17 years and eight months, respectively.
The past week saw appointments across business development, execution services, equities, electronic trading, credit trading and securities sales trading.
Incoming individual has an established emerging markets focus; most recently worked at Goldman Sachs and Citi.
New trader joins the bank after spending the last eight years at Investec as a FX options trader and previously as an analyst in corporate and institutional banking.
MillTechFX and Investec‘s new solution aims to reduce cash drag on funds by removing the need to post initial and variation margin for FX forward contracts.
Investec will list its asset management on the London Stock Exchange as part of restructure following a strategic review of the Group.
Investec appoints co-CEOs as three of its founding members will step down in October this year.