JP Morgan has created a markets execution team, which will focus on providing clients with
electronic distribution of macro (including futures and options and Neovest) markets
products across multi-channels.
The new team
will be jointly led by Richard James,
who moves from his role as head of currencies and emerging markets execution services,
and Peter Ward, who was head of
futures & options execution services. Both men will report to David Hudson,
head of markets execution.
Elsewhere, Adam Shapiro will continue to lead markets execution for spread markets, and will report
to Samik Chandarana for his e-trading responsibilities and Hudson overall,
while Daniel Ciment will
continue to lead the equities electronic client solutions (ECS) business. He
will report to Luiz de Salvo and Dennis Fitzgerald, co-heads of global cash
trading in equities.
John Robertswill continue to run the electronic distribution of research and work
closely with Dan Dalton and Gloria Kim in coordinating research engagement with
markets execution product development. He will continue to report to Guy
Halamish CFO for markets.
[structure] includes ensuring that we have the connectivity, platforms and
tools to allow our traders, salespeople and most importantly our clients to
access research, analytics and pricing, as well as execute transactions and
manage post-trade processes efficiently,” says Hudson in an internal announcement
seen by Profit & Loss. “We will
deliver this vision by leveraging leading-edge technology and design
standards that will improve the user experience while lowering the cost of
execution for our clients and for ourselves.
to our success will be a strong and transparent partnership across businesses,
including sales, trading, research and technology teams,” he adds. “Together,
we will deploy resources in an integrated way to benefit all asset classes.”