Tag: Tourmaline

This past week saw several significant moves across the sell-side, outsourced trading, and trading venues. 

The new hire – previously named one of The TRADE’s Rising Stars of Trading and Execution – will focus on enhancing the firm’s regional presence, The TRADE understands.

Individual has been re-hired by Tourmaline Partners after four years; outsourced provider is looking to leverage his experience across both the buy- and sell-side.

The past week saw appointments across flow rates sales, derivatives, foreign exchange and sales.

Former head of JP Morgan’s Americas electronic equity sales joins, alongside two key operations directors, as Tourmaline looks to meet demand for outsourced trading services.

Latest senior hire at Tourmaline joins the firm from Liquidnet after previously working in senior trading roles at Standard Life Investments and Aberdeen Standard Investments.  

Outsourced trading has continued to see increased demand from funds in light of the recent volatility and surge in trading volumes.

Copley Equity Partners has invested in outsourced trading provider Tourmaline amid growing demand for its services from asset managers.

On a mission to hire industry veterans, Tourmaline has confirmed the appointment of Joe Hodgkins as senior trader for its Asia-Pacific business based in Sydney.

Industry veteran Rowley Aird spent almost six years with CLSA, most recently has head of trading and execution services in Europe.