BlackRock’s head of electronic trading and market structure for EMEA, Daniel Mayston, has left the asset management giant, The TRADE can reveal.
A BlackRock spokesperson confirmed his departure. His next role is unconfirmed. The TRADE understands it is outside of trading.
Mayston has been with BlackRock for almost two decades, originally joining in 2006 as a quantitative alpha and execution researcher.
He took on the role of global head of trading research in 2013 before assuming his most recent and current role as electronic trading and market structure head for EMEA in 2016.
His responsibilities will be transferred to other members of the global trading team at BlackRock, The TRADE understands.
The institution also reshuffled its equity trading leadership earlier this year. As revealed by The TRADE in April, BlackRock appointed Nick Craze as head of the EMEA equity trading desk following the promotion of Paul Battams to head of international equity trading.
Craze had been on the desk for more than 15 years and prior to this promotion oversaw the ‘model and derivatives group’ on the BlackRock EMEA equity desk since 2016.
That team was responsible for trading European equity derivatives, as well as all of BlackRock’s European equity index, transitions and quantitative active strategies.