Dom Lowres, head of execution strategy and Matthew West, electronic sales trader, at Liberum are set to join Investec in the coming months to set up a new low touch electronic desk. The new desk is Investec’s first low touch offering based in London and comes off the back of increased client demand, The TRADE understands. Lowres joins Investec as head of electronic trading and execution strategy after almost 17 years with Liberum. Originally joining the firm in 2007, he also previously served as a pan-European trader and as head of trading. Alongside him, Matthew West joins Investec as a global electronic sales trader. He originally joined Liberum eight months ago from Numis Securities – now Deutsche Numis, following its acquisition by the bank last year.
Joe Wald, BMO Capital Markets’ managing director and co-head of electronic trading left the bank, departing after four years in his most recent role, according to an update on his social media. Wald originally joined BMO in 2020 following the bank’s acquisition of Clearpool Group where he had served as chief executive for six years. Prior to founding Clearpool, Wald spent a year and a half at GAIN Capital as an executive vice president. He also previously spent almost five years as a managing director at Knight Capital Group and 13 years as chief executive of EdgeTrade.
BNP Paribas Asset Management appointed Alexandre Aubry as fixed income trader, based in Paris. Aubry previously served as a credit trader at Mizuho and MUFG Securities. Elsewhere in his career Aubry spent nearly eight years at Societe Generale Corporate and Investment Banking (SGCIB), most recently as a credit trader. Elsewhere in his tenure at SGCIB, Aubry served as a sales assistant for both rates and credit derivatives, as well as on the firms’ exotic interbank desk.