Stifel mulls UK sales trading exits as cash equities job cuts bite
The move follows the acquisition of Bryan Garnier in January 2025, and forms part of a strategy change to focus on the firm’s European advisory-led business.
The move follows the acquisition of Bryan Garnier in January 2025, and forms part of a strategy change to focus on the firm’s European advisory-led business.
The past week saw appointments across execution services, Treasury quants and trading.
Incoming execution sales specialist had most recently been with Instinet for five and a half years in a similar role.
New appointment spent the last seven years at Hargreaves Lansdown in a range of dealing and consultancy-related roles.
The partnership will give Stifel’s institutional client base access to Marex’s multi-asset class custody, financing, securities lending, and capital introduction offerings.
The TRADE sits down with Stifel's head of equity execution, UK and Europe, Raymond Powell, to unpack the current pan-European market outlook, differing approaches to dealing across the channel and the likelihood research rebundling.
The past week saw appointments across fixed income, outsourced trading and low touch execution services.
Incoming individual has more than ten years’ experience in the space; most recently served as executive director – equity sales trading.
The past week saw appointments across portfolio trading, electronic trading sales, algorithmic trading and execution services, and credit derivatives trading.
New appointment previously spent 20 years at Virtu Financial and ITG UK.