People Moves Monday: Etrading Software, Kepler Cheuvreux, RBC Capital Markets and more…

The past week saw appointments across market structure, ETF sales, agency solutions and cross-asset trading.

Following almost ten years at ING bank, market structure expert Stephane Malrait joined Etrading Software as chair of its industry stakeholder group (ISG) on the consolidated tape (CT), as revealed by The TRADE. As part of the role, effective 20 Janauary, he will be charged with ensuring user needs are fully represented in the CT. Specifically, he will lead discussions within the ISG on functionalities, fee and licensing models and other tender process requirements. 

Malrait was most recently managing director and global head of market structure and innovation for financial markets at ING Bank, overseeing the financial market innovation strategies within the firm. Before joining ING in 2015, he spent eight years at Société Générale, most recently working as global head of FIC eCommerce. He also previously worked at JP Morgan Chase for ten years, serving in different roles in global FX eCommerce business management and cross-asset eCommerce technology, based in London and New York.

Cédric Farhat and Tobias Sjöström Chanteloup joined Kepler Cheuvreux in ETF senior sales roles as the firm looks to further strengthen its position in the ETF market. Stockholm-based Sjöström Chanteloup joined from JP Morgan Asset Management, having most recently served as head of Nordic ETF distribution. He has also previously worked at WisdomTree, State Street, Société Générale, and Bloomberg in London. Farhat is set to join Kepler Cheuvreux’s Paris office, joining from Agora Capital in Geneva, where he was head of ETF. Prior positions include stints at Tradition Securities and Lyxor ETF, and Societe Generale Corporate and Investment Banking.

RBC Capital Markets promoted Adam Ragol-Levy to head of European and Asian product, multi-asset agency solutions. The appointment follows three years serving as global multi-asset product manager at the firm, based in London. Prior to joining RBC Capital Markets, Ragol-Levy spent nearly five years at Bank of America Merrill Lynch, most recently working as a senior cash equities business analyst and product owner. Before that, he served as a Fidessa cash equities business analyst at HSBC Global Banking and Markets.

Stuart McDonald was appointed director, cross-asset trader at Julius Baer, based in Monaco. He joined from Mirabaud Group where he served as a multi-asset trader for two years. McDonald has also previously worked in trading-related roles at FlowBank, IG, and Alexander David Securities. His experience spans more than a decade and encompasses work on trade execution, flow trading, market making, risk management and data. Work includes trading of: equities, fixed income, foreign exchange, derivatives, and vanilla and exotic options across both Europe and APAC.

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