Agency broker ITG has hired Paul Warhurst to its program trading (PT) team in Hong Kong to meet growing client demand.
Warhurst joins from HSBC Securities where he worked as a cash equity and program trader.
He will work alongside existing ITG PT specialist Simone Turtle, supporting a growing client base consisting of fund managers in Asia and those trading in Asia from other regions.
Dion Cooney, Asia Pacific head of cash and program trading, said: “Our Asian PT business is growing because ITG offers the buyside something unique – the best program trading technology in the hands of our expert traders.”
Cooney added that ITG’s use of technology to drive its PT business was one of its major differentiators in the region.