Paras Shah
Agency broker BTIG has promoted Paras Shah to the role of head of EMEA credit trading, effective from November, The TRADE can reveal.
Shah joined BTIG in June 2022 as managing director, credit, as part of an expansion of BTIG’s fixed income credit team which also saw Christelle Girardie join in the same role.
Shah was previously with Citi for just over three years as head of EMEA high yield trading, although left amid some alleged controversy.
Earlier in his career, he served for seven years at HSBC as a director in both high yield and sterling credit trading.
He most recently spent five months with Sun Global Investments as a fixed income institutional trader.
His appointment follows a string of recent hires by BTIG over the past year. In March, Pavi Sidhu was appointed as managing director within BTIG’s equities division – joining from Exane, where he was head of portfolio trading, ETFs and index.
Elsewhere, Andrew Vass, former head of sales trading for EMEA at Goldman Sachs, joined the agency broker as managing director as part of BTIG’s continued expansion of its institutional equities business.
However, most recently, the broker lost its head of European sales trading, Ed Benson, who last week announced plans to retire at the end of the year.