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ON THE MOVE: UBS Snags Farthing; Barclays Nabs Global Equities Head

Traders Magazine Online News, February 13, 2018

John D'Antona Jr.

UBS has snagged a top trading technologist in a bid to boost its cash and electronic trading capabilities. Michael Farthing, a Credit Suisse alum, has been brought on board by the firm. Based out of London, he has joined the firm as a managing director and will be focusing on electronic and algorithmic trading technology. Farthing, a veteran with 31 years of experience, spent the past two decades at Credit Suisse. He started his career in 1987 – joining J. P. Morgan after a year as a consultant but shifted to Barclays’ investment bank in 1996, where he worked as a development database administrator in the firm’s equities IT department. In 1998, he joined Credit Suisse.

Michael Farthing, UBS

Barclays has appointed a new global head of electronic equities who will join the bank after spending nearly 20 years at Credit Suisse in various senior electronic trading roles. Naseer Al-Khudairi built his extensive career experience at Credit Suisse leading several businesses at the investment bank, including roles as head of European cash equities and head of cross asset electronic trading. He left the bank in September and in his new role will report to Stephen Dainton, global head of equities, who joined Barclays in September and previously worked with Al-Khudairi at Credit Suisse.

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