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ON THE MOVE: Activity at BAML, Morgan Stanley and Goldman Sachs

Traders Magazine Online News, August 7, 2018

John D'Antona Jr.

There has been some activity at the bulge bracket firms during the last week starting with Bank of America Merrill Lynch. Traders Magazine has learned that David Kim will now lead equity macro index trading and Ajay Khanna will now serve as global head of equity trading strategies. BAML also appointed Jacob Kaippallimalil head of global central risk book.  

Meanwhile at Morgan Stanley, top electronic equity pro Brian Gallagher has left the firm after 15 years, according to people familiar with the matter. Gallagher was a managing director of sales in the firm’s s equities electronic trading business since 2003. He was formerly headed European electronic trading at the bank too.

On the flip side, the bank landed Andrew Peel, a cryptocurrency and Bitcoin specialist from rival Credit Suisse as its new Head of Digital Assets Markets. Peel spent the last 12 years at Credit Suisse spending nine of them on the Delta One trading desk and as a derivatives trader. He will be based in London and Zurich.

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Goldman Sachs saw one of its own leave the bank. Ralston Roberts, a managing director and Goldman’s co-head of execution services and electronic trading in Europe, will move to the US to join Instinet as its chief operating officer, according to people familiar with the matter.

Euronext announced the appointment of Chris Topple as CEO of Euronext London, Head of Global Sales and a member of the Managing Board of Euronext N.V., subject to all relevant shareholder and regulatory approval. Topple, who worked extensively in brokerage and clearing services throughout his career, will oversee sales across all asset classes. He will take up his new role based in London on October 15. Paul Humphrey, current interim CEO of Euronext London and Head of Global Sales, will remain in his current role as Global Head of FICC. Topple has been co-head of Societe Generale Prime Services and led the Prime Brokerage and Clearing Services (PCS) sales teams globally within Societe Generale’s Newedge Group. He has also worked at Lehman Brothers, Nomura and JP Morgan.

AlphaPoint, a blockchain company focused on enabling institutions to launch, scale, and operate digital asset networks and exchanges all over the world, hired Kristin Boggiano as its Chief Legal Officer. In this role, Boggiano will oversee the company’s legal, regulatory, and government relations functions as well as contribute as a member of AlphaPoint’s executive team. She brings more than two decades of experience in the financial industry to AlphaPoint. Most recently, Boggiano served as a Managing Director and Senior Regulatory Counsel at Guggenheim, where she advised on asset management, broker-dealer and insurance issues. Earlier in her career, Boggiano worked at Merrill Lynch on the derivatives desk, beginning her career with stints at the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC).

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