BrokerTec, part of CME Group, appointed Altaz Dagha as its new senior director of BrokerTec Products. In his new role, Dagha will be responsible for US Treasuries client relationship management, sales and onboarding and BrokerTec’s hybrid platform in off-the-run US Treasury Instruments. He joins the firm from Coex Partners, where he most recently served as senior director, Asia Rates. Prior to that, Dagha held a range of front office fixed income and FX related roles at BNP Paribas, Westpac Institutional Bank, Lloyds Banking Group and HSBC Investment Bank.
Outset Global appointed Peter Sellers as a new managing director in its outsourced trading group. He joins the firm in a US-based but European focused role after most recently serving as head of European outsourced trading at JonesTrading for nearly three years. Prior to JonesTrading, Sellers spent four and a half years as head of global equity trading at Caxton Associates and two years at Adams Hill Partners as head of international trading.
The chief architect of UBS’ UK-regulated dark multilateral trading facility (MTF), Jean-Philippe Minet, left the firm after 12 years, according to a post on social media. Minet first joined in 2010 with a mandate to build and launch the firm‘s MTF, as well as to obtain the relevant regulatory approvals and to create all MTF policies, procedures and client-facing documentation. Prior to UBS, Minet spent a brief period as a monitoring consultant with Liquidnet. At the time of publication, Minet has not revealed where he will be moving to next.
State Street has moved to expand its remit in electronic equities and portfolio solutions with the addition of four new hires. Among them is a vice president of electronic equities, Eric Weiner, who joins the firm having previously served as a sales trader at Janney Montgomery Scott and Lazard Capital Markets, and as an equity trader at BTIG. Joining in an electronic equities role is Ariana Leong, who has been appointed as a product specialist after serving for two decades in a hybrid sales trading role at Instinet. Lastly, in a bid to expand its portfolio solutions remit, State Street appointed Joe Martinez and Sarah Kirschbaum as senior sales managers.
Former Morgan Stanley electronic trading executive, Olivier Masdebrieu, joined Paris-based Horizon Software to lead its technology strategy. He joins the business as the chief technology officer (CTO) from rival trading systems vendor Itiviti. Prior to joining Itiviti, Masdebrieu spent over 23 years at Morgan Stanley across various roles.
Elsewhere, Citi appointed Nadine Readie as head of Execution to Custody (E2C), EMEA, the unit which provides clients global execution, settlement and custody services through a single portal. Readie brings a wealth of experience to the role, having started her career in financial services back in 2002. She has held senior roles at UBS, Deutsche Bank and HSBC Securities, and joins the business from Liquidnet where she has served for over eight years – most recently as EMEA & APAC head of trade services (operations).