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US investment bank Stifel has appointed Sarrah Chaker as a sales trader covering US markets to European clients, The TRADE can reveal. In her new position, Chaker will be based out of Paris, where she will report to Seema Arora, Stifel’s managing director and head of execution services for EMEA.
This overlapping distinction has been attributed to the rise of electronic execution for program trades and the increasingly sophisticated algorithms for single-stock trading, which represent a greater shift towards e-trading. Buy-side traders value the expertise and risk management capabilities of high-touch sales traders.
Investec Bank is set to launch a new electronic trading platform aimed at facilitating low-touch equity trading, The TRADE can reveal. Our strategic exchange memberships, along with our relationships with systematic internalisers and electronic liquidity providers, enable us to place orders directly across a diverse range of trading venues.
In the US, Finn Maloney has joined Redburn Atlantic’s US execution team to help with the ongoing build out of its US electronic offering. Based in the UK, Brian McCormack has joined the electronic execution desk from Panmure Liberum. Previously in his career, he also spent seven years at Citi in equity sales trading roles. “We
AMA CEO Todd Woerner commented, “CCA was integral in achieving a successful sale of AMA. We are grateful for their invaluable advice, deal leadership, and the efficiency with which they ran the sale process. The laboratory receives samples from Maryland, Virginia, the D.C. region, New York, Pennsylvania, Minnesota, and Puerto Rico.
Peel Hunt Redburn Atlantic’s head of electronic trading has left the firm to join UK investment bank Peel Hunt, as revealed by The TRADE. He replaces Nishad Vallonthaiel as head of electronic trading. He replaces Nishad Vallonthaiel as head of electronic trading. A spokesperson for Peel Hunt confirmed the move.
The growing use of MDPs from the buy-side is driving electronic trading overall and supports their growing focus on best execution. Using electronic execution methods provides value beyond a single trade execution. This ultimately helps a buy-side firm evaluate a broker, whether they executed a particular trade or not.”
Peel Hunt Peel Hunt’s head of electronic and program trading Nishad Vallonthaiel is departing for pastures new, The TRADE can reveal. Vallonthaiel was appointed head of electronic and program trading at Peel Hunt in 2023 after most recently serving at Numis Securities. His next role is unconfirmed.
For example, this was the entire UX (User Experience) to ask for the blog to be written: Hiring an agent was a novel concept, taking the Fiver and UpWork model to a different realm where the worker is electronic and doesnt pitch for the work (yet). It is very handy for a sales meeting and impressively quick.
After leaving SIX, he joined Citadel Securities as head of EMEA business development in March 2024. Marex Serhan Eryuksel has joined Marex’s outsourced trading team, focused on sales in the UK, Europe and MENA.
Liquidnet has made two new appointments within its multi-asset services team, adding Patric Okumi and Samuel Lowres to lead multi-asset sales. He was also part of TP ICAPs equity trading desk before building out the single stock equity and ETF RFQ offering on Fusion, the firms electronic platform.
Tierney joined Credit Suisse in 2018 from Goldman Sachs where had been working as an equity sales traders in program trading, algos, and cash for four years. Previously in his career, Tierney spent two and a half years at Instinet in an electronicsales and trading role and almost five years at JP Morgan in a program sales and trading role.
The analyst said he is most constructive on merchant and select custom silicon and electronic design automation (EDA) software vendors that are tied to ongoing AI-related spending. Analyst James Schneider issued buy ratings on Nvidia , Broadcom , Cadence Design Systems and Synopsys.
KCx has long established its presence in both high-touch and program trading, and to continue driving innovation and disruption, it is essential to offer a full suite of services globally, Bobbie Port, head of electronic distribution at KCx told The TRADE.
These policies led to companies such as Vale and Embraer that now compete worldwide, but theyve also resulted in poor labor productivity and ~2x higher prices for iPhones and other electronics. Anyone on sales & trading desks such as rates , equity derivatives , currencies, or commodities. This is the neutral case.
Interconnect & Sensor Systems is made up of commercial electronics, automotive sensors, and fiber‑optic/copper connectors. in sales, up 48% year-over-year. Earnings growth and margin expansion were primarily driven by strong operating leverage on stronger sales volumes. The stock is just as strong on a fundamental basis.
Chinese smartphones sales exceed 70% of Russian market (Reuters) – Chinese smartphones dominated the Russian market in the first half of 2023, exceeding 70% of all sales, leading consumer electronics retailer M.Video-Eldorado said, up from about 55% last year.
SIX Swiss Exchange has tapped a former Berenberg senior electronic trader to replace departing head of equity sales for UK and Ireland, Jennfier Hlad, when she departs in the coming months, The TRADE can reveal. Prior to joining Berenberg, she spent two years with Goldman Sachs as an electronic trader in its securities division.
Morgan Stanley has appointed Pankaj Dhake as a new electronicsales trader, based in Mumbai. Dhake joins Morgan Stanley from CLSA, where he spent nearly seven years, most recently as an electronicsales trader. The post Morgan Stanley taps CLSA for new electronicsales trader appeared first on The TRADE.
BTIG has made two key appointments including promoting Troy Donohue to head of Americas portfolio trading and hiring Henri Taylor as director within electronic trading sales. Elsewhere, Taylor brings over 20 years’ experience in electronic trading sales to the firm.
Omar Darwish has joined fintech pioneer GTN as equity sales trader following a three-and-a-half-year stint at Arqaam Capital. His appointment comes as GTN continues its expansion efforts to build a comprehensive electronic trading and investment platform. The post GTN appoints new equity sales trader appeared first on The TRADE.
Wells Fargo has appointed Jon Thorne as senior securities sales trading specialist, The TRADE can reveal. Most recently, Thorne served as a listed sales trader – a position he held for almost 11 years. The post Wells Fargo taps Credit Suisse for new senior securities sales trading specialist appeared first on The TRADE.
Morgan Stanley has appointed a new head of electronic FX sales for the EMEA region, The TRADE can reveal. Gurpeet Ubhi has been selected to oversee FX sales for the region at Morgan Stanley after most recently serving at Citi for the last eight years. He announced his departure from Citi on social media two months ago.
Citi has named a new head of electronic equity sales trading for the EMEA region, The TRADE can reveal. Jamie Miller Based in London, Jamie Miller has been appointed to head up the division in EMEA after eight and a half years as an employee of the bank, specialising in equity sales trading, according to an update on his social media.
BMO Capital Markets has appointed Harj Bagria within its electronic trading division, The TRADE can reveal. Elsewhere in his tenure at Credit Suisse, Bagria held APAC equity trading and electronicsales trading positions, based in Hong Kong. Bagria joins BMO from Credit Suisse, where he spent nearly five years.
With electronic equities trading continuing to rise, a notable proportion of US low-touch desk expect to expand their teams over the next 12-18 months, a new report from Coalition Greenwich has found. The post Growth of US electronic equities trading sees interest in expanding team headcounts increase appeared first on The TRADE.
Euronext has appointed former Credit Suisse sales trader Nathalie Ruiz as head of continental equity sales. Ruiz previously spent nearly 12 years at Credit Suisse, most recently as director, sales trader for Credit Suisse’s suite of algorithmic trading strategies, Advanced Execution Services (AES).
Electronic market maker Optiver has selected Philippe Rizzo to join its institutional sales team, effective from 9 October. Rizzo’s new role will be focused on cash equity sales in France, Belgium, Luxembourg and Switzerland. Rizzo will join Optiver from Instinet, where he previously served as a global equity sales trader.
It is also available online to members of DealLawyers.com who subscribe to the electronic format. This issue includes the following articles: – Delaware Court of Chancery Rejects Challenges to Sale of Company by Private Equity Controller – Thinking Outside the Buyout: […]
UK mobile operator EE eyes growth with new retail platform LONDON (Reuters) – EE, Britain’s biggest mobile operator, on Wednesday announced the launch of a sales platform called EE ID that will offer gaming consoles and other electronics to its customers and others.
Jason Green has been named director at BNP Paribas, focused on systematic macro sales following 10 and a half years at Morgan Stanley. Whilst at Morgan Stanley he most recently served as executive director in electronic FX institutional sales.
RBC has appointed two former Credit Suisse senior algorithmic trading individuals to join its low touch electronicsales and trading team, The TRADE can reveal. He joins from Credit Suisse where he had been serving as head of sales for EMEA for the bank’s advanced execution sales (AES) team.
Read more: Fireside Friday with… Citi’s Chris Gooch Earlier this year, Citi appointed Jamie Miller as new head of electronic equity sales trading for the EMEA region , as revealed by The TRADE. Miller has been with the firm eight and a half years as an employee of the bank, specialising in equity sales trading.
UK-based investment bank Peel Hunt has appointed the former head of electronic and program trading and sales at Numis Securities to head up its own electronic trading division. Nishad Vallonthaiel Nishad Vallonthaiel has been appointed head of electronic and program trading at Peel Hunt.
BNY Mellon has made two key senior managing director hires into its fixed income and equity sales and trading businesses. Gould joins BNY Mellon after three years at RBC Capital Markets where she previously served as co-head of equities electronicsales and trading.
There are various types of electronic payment systems available. What are the Different Types of Electronic Payment Systems? These electronic payment methods enable seamless transactions, making it easier for businesses to conduct online transactions securely. Debit and credit cards are commonly used for online transactions.
RBC’s co-head of European electronicsales and trading, Bianca Gould, is set to leave the bank after almost three years as part of streamlining measures across the business. The post RBC’s electronic trading co-head Bianca Gould to depart as part of streamlining across the bank appeared first on The TRADE.
JP Morgan has appointed Oliver Hall vice president, futures and options (F&O) hybrid sales trader, The TRADE can reveal. Hall has been promoted to the role after serving at the bank for nearly 6 and a half years, most recently as associate, F&O electronicsales trader, in Frankfurt, a role he has held for the last two years.
Instead, we have embraced the convenience and efficiency of electronic payment systems, or e-payment systems. In this comprehensive guide, we’ll delve into what an electronic payment system is, explore its various types, and uncover the inner workings that make it all possible. What is an Electronic Payment System?
Despite healthy sales, publishers such as Epic Games and Activision Blizzard are making hundreds of employees redundant – which may radically reshape the industry It is widely agreed that 2023 was a stellar year for video games.
Secure Electronic Transaction (SET) is a secure electronic payment system that ensures the confidentiality and authentication of online transactions. Let’s define secure electronic transactions in detail. What is Secure Electronic Transaction (SET)? Secure Electronic Transaction Participants 1.
What Is a Sales Invoice? A sales invoice is a legal document that serves as proof of a transaction between a buyer and a seller. Key Elements of a Sales Invoice Invoice number: A unique identifier for tracking the invoice, helping both parties in record-keeping and future references.
Next up in our introduction to the distinguished nominees for Leaders in Trading 2023 Editors’ Choice Awards, we bring you the shortlist for Outstanding Non-Bank Electronic Liquidity Provider, showcasing excellence in liquidity provision outside of the traditional sphere.
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