Dan Mathisson, the executive who helped build Credit Suisse Group AG into an electronic-trading powerhouse over the past decade, plans to leave the bank at the end of next month, Bloomberg reported, citing to people familiar with the matter. He most recently served as head of U.S. equity trading and was a long-time contributor to Traders. It is said he plans to open his own asset-management business next year.
Once dubbed Mr. Algo, Mathisson was one of the most prominent faces in modern, electronic markets. He joined Credit Suisse in 2000 after eight years at quantitative hedge fund D.E. Shaw & Co., where he was the firms head stock trader and built his own trading models.
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Quantitative Brokers announced today it has added electronic trading veteran Alastair Hawker to its New York sales team, where he will play a key role in the Companys futures and cash Treasury sales opportunities. Hawker joins QB from Goldman Sachs, where he recently oversaw the electronic futures product, sales and client coverage as Head of Futures Electronic Trading in New York. He also held various other roles within Goldman Sachs, spanning equity derivatives, electronic execution and clearing.
Sources say Nasdaq is putting its FX clearing and trading initiatives on hold, and as a result, the exchanges head of FX product, David Holcombe, has left the firm. Market sources indicate that although Nasdaqs existing currency options products will continue to trade on the exchange as normal, it is putting the brakes on its recent FX trading and clearing initiatives, which were largely driven from Europe. A spokesperson for the exchange confirmed the departure of Holcombe, who was based in London. Sources say it is unclear at this stage what the plans are for Jonas Lindholm, managing director of FX at Nasdaq in Stockholm.
BNP Paribas has parted company with Emmanuel Ramambason, one of the French banks most experienced derivatives traders and its representative at Isda, the worlds most powerful derivatives trade body. Ramambason, who joined Paribas in 1990, left his position as the head of the banks London-based global markets XVA valuations team last month according to sources.
Leonie Ryan joined Deutsche Bank in December as COO of global equities trading.Ryan, who was named as one of Financial News’s 100 most influential women in European finance in 2010, has been a consultant for the past four years, but before that she held senior roles at Nomura, including head of global product issuance and chief operating officer for liquid markets in Emea, and before that worked at Lehman Brothers and Goldman Sachs.At Deutsche, she reports to Rick Saunders, who was named in November as the German bank’s global head of equities trading in addition to his role as head of equities for the Europe, Middle East and Africa.
Alex Krasutsky was promoted to Head of Equity Sales and Trading at FIG Partners LLC. Alex joined FIG Partners Tinton Falls/Red Bank, NJ trading desk in late 2014 as a Sales Trader focusing on regional and community bank stocks. With his new role, as Director, Head of Equity Sales and Trading, he will oversee all Equity Trading and Sales personnel in Atlanta, Ga, Chicago, Il, Dallas, TX & Tinton Falls, NJ. Additionally, Bill Henningson recently joined FIG as Associate Director of Institutional Sales. FIG Partners has been expanding nationally and specifically into the Northeast from its historical Atlanta-based HQ.
Wells Fargo has officially hired former head of electronic trading at Jefferies and UBS Steve Chivers to jointly run its electronic futures trading unit.The bank has been adding futures staff in the U.S. and Europe recently.
