ING Financial Markets has hired two equity derivatives traders, Jean-Guy Renard and Martin Wevers, for its Hong Kong office.Renard joins today as vice-president to cover proprietary and exotic options trading. He joins from Credit Lyonnais, where he was most recently a proprietary convertible bonds trader in London. Before that, he was based in Hong Kong trading equity derivatives. He has also worked on the equity derivatives quant team for SG in Paris.
Wevers becomes a manager, trading options for Japan. He has worked for ING for three years, previously with the equity derivatives team in the Netherlands. He moved to Hong Kong last month. Before joining ING, Wevers worked for IBM within its internet solutions team.
The two appointees report to Trinh Du, head of equity derivatives products in Asia. Du said the appointments were in response to increasing proprietary trading opportunities and client demand for structured products and exotic options.
The Dutch bank recently sold its Asian equity sales, trading, research and equity capital markets businesses to Australia’s Macquarie Bank with the aim of focusing on high value-added products, including structured finance, mergers and acquisitions, debt capital markets and syndicated loans.
More on People
Michele Foresti officially resigns from role after failing to receive regulatory approval
James Coulson joins Swiss bank after 18 years at SocGen
Job changes in the derivatives, regulation and risk industry throughout Asia
Hoodless and Madaras among those suspended
Sign up for Risk.net email alerts
Sponsored video: Tradeweb
Multifonds talks to Custody Risk on being nominated for the Post-Trade Technology Vendor of the Year at the Custody Risk Awards 2014
Sponsored webinar: IBM Risk Analytics
Nominated for two technology awards
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.