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Jefferies US equity sales trader joins Stifel

The TRADE

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.

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Algo advances create overlap between US equities’ single-stock and program trading

The TRADE

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.

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Investec unveils new electronic trading platform

The TRADE

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.

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Redburn Atlantic execution teams undergo redraft with four additions and three departures

The TRADE

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

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AMA Analytical Services Acquired by SGS

Chesapeake Corporate Advisors

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.

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People Moves Monday: Peel Hunt, Redburn Atlantic, RBC Capital Markets, Citi, and more…

The TRADE

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.

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Usage of multi-dealer platforms expected to increase as FX traders seek best execution

The TRADE

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.”