Outsourced trading solution provider Tourmaline Partners, has announced the hire of Joe Hodgkins as a senior trader. He will be based at the firm’s Asia-Pacific office in Sydney.
Tourmaline opened its Sydney office in January 2018, since when it says it has seen growing interest from APAC-based institutional investors that are finding value and opportunity in partnering with an unconflicted, unbiased, highly transparent buy-side trading firm.
Hodgkins has an 18 year trading career in Asia across senior buy- and sell-side roles and was most recently at Citi, where he oversaw trading as head of Thai equities. Prior to his sell-side time, he spent eight years with Janus Capital in Asia, ultimately as regional head of trading for five years. In that role he was responsible for all Asian trading across public equities, derivatives and futures.
Hodgkins’s specific areas of expertise include electronic and programme trading, block trading and utilisation of transaction cost analysis (TCA) to develop and improve trade implementation strategies.
“Joe is a natural addition to our deeply experienced Australia team,” says James Santo, managing director at Tourmaline in Sydney. “His nearly two decades of experience in Asia-Pacific markets speaks for itself. In addition, his strong TCA background and senior roles on both the buy- and sell-sides are exactly the skills most buy-side firms are looking for when selecting an outsourced trading provider, making him a perfect fit for us at Tourmaline.”
The firm’s CEO, Aaron Hantman, adds, “In just two years, our Australia office has become one of Tourmaline’s biggest success stories. Hiring industry veterans like Joe helps us meet the demand increasingly coming from large asset managers and is emblematic of our ongoing commitment to provide clients unparalleled service and expertise by bringing in talent with vast experience in all aspects of trading.”