Mary Leung has joined State Street as the global head of client algos in FX.
Based in London, she will report into Jim Foster, global head of e-FX trading, and her responsibilities will include growing the client algorithms business within e-FX, developing the business strategy, design of the trading algorithms, liquidity analysis and selection, and pre- and post-trade transaction cost analysis (TCA).
With more than 13 years’ experience in banking, Leung joins State Street from Deutsche Bank, where she was a lead quant of the FX and listed derivatives algorithmic execution business. Prior to this, she held major roles in building FX algos at both Bank of America Merrill Lynch and Citi.
“Hiring Mary demonstrates our commitment to and investment in the client algo business,” says Foster. “As a leader in the real money segment in FX, many of our clients want to trade their algos with us, and Mary will be working to ensure that we offer them a market leading product to meet each client’s specific needs.”