David Wilkins, head of FICC execution services EMEA and global EFX sales at Goldman Sachs, and James McGuigan, director FX eTrading at Citi became the latest members to join Tradefeedr’s client advisory group aimed at improving market transparency and data dialogue across the market. Tradefeedr’s industry advisory board was established earlier this year and seeks to “collaborate with industry leaders to create a trading process that is more transparent and data driven” by bringing together established and knowledgeable market participants.
Citi appointed Mitali Sohoni as new head of North America markets alongside other senior leadership changes. Sohoni has been selected to head up the bank’s North American markets business alongside her existing role as head of asset backed financing. In her new role she will coordinate strategy for the division. Sohoni joined Citi 19 years ago and during her tenure has overseen several business areas, including: credit financing, asset-backed securities, clean energy, global infrastructure, residential, Citi Community Capital, municipal, and Citi’s Asset Finance Group.
Elsewhere, Citi named a new chief executive of its broker dealer entity Citigroup Global Markets Inc (CGMI). Dina Faenson takes on the responsibility alongside her existing role as head of markets counterparty trading and risk. Faenson joined Citi in 2005 as a credit valuation adjustment (CVA) trader. During her tenure she has gone on to serve in several capacities across North American rates trading, rates and currencies, cross-markets, and X-value adjustment trading.
Banque Havilland multi asset trader Mark Ralph joined the prime services team at Marex, based in London. Ralph joined from Banque Havilland where he served for seven years, most recently working in prime services and as a multi asset trader, focused on trading strategies and “bespoke” multi asset solutions for clients. Prior to this, he spent more than eight years at Societe Generale Corporate and Investment Banking (SGCIB), working across multi asset sales and trading, hedge fund sales, and prime brokerage.
DWS Group senior equity trader, Alex Cotar, departed for pastures new after over 16 years at the asset manager. Cotar left the asset management arm of Deutsche Bank to join Bankhaus Metzler as an equity sales trader, having originally joined DWS Group back in 2008 as a senior equity trader covering Europe and emerging markets. Prior to joining DWS Group, Cotar spent over 12 years at UBS Investment Bank originally serving in an equity derivatives sales trading role and later working as an equity trader for Europe.
MarketAxess appointed John Maggiacomo as head of client sales in North America, a newly created position at the firm. Maggiacomo joined from Royal Bank of Canada (RBC), where he most recently served as head of US credit sales. Elsewhere in his career, Maggiacomo spent 11 years at Bank of America Merrill Lynch, where he served as managing director, credit sales. As part of his new role, Maggiacomo will be responsible for sales leadership for MarketAxess’ North American client sales segment, with a focus on expanding its institutional client footprint across all product areas.