There have been a lot of interesting job transfers involving trading firms IMC, Optiver and DRW. Looks a bit like the football transfer window – a lot of movement in January. The Premier League transfers will receive enough attention already. In contrast to the football pitch, most traders remain loyal for many years. Here are January’s most eye-catching transfers in trading world.
Steven Hamilton (DRW) to London Stock Exchange
One curious transfer made the head of DRW‘s London office, Steven Hamilton. He moved to London Stock Exchange’ fixed income platform, CurveGlobal. DRW is one of the major traders in fixed income derivative market. Steven Hamilton will be part of the business development team, responsible for prop traders and market makers.
CurveGlobal isn’t a household name, yet. CurveGlobal is a venture by the LSE with six major dealer banks and the CBOE. It aims to fight the duopoly that Deutsche Boerse and ICE have in Bund, Bobl, Schatz and Gilts futures. Expected to go live in second quarter of this year. Press release from October 2015, and more colour on this on Bloomberg by John Detrixhe.