Dresdner Kleinwort Wasserstein (DrKW) has created a new quantitative trading team in London. It started trading this month and focuses on statistical arbitrage strategies.Zafrul Bhuia, who joins as director, leads the team. He worked on a similar venture at Credit Suisse First Boston and also managed a trading desk for the bank.
Daniel Clarke joins from Goldman Sachs as senior trader, and is also a director. He previously worked in Goldman's statistical arbitrage team.
Jon Davidson and Taras Chaban join as vice-presidents. Steffen Seitz, also a vice-president, is the only member of the team recruited internally.
The team reports to Areski Iberrakene, global head of equity derivatives trading.
More on People
Other commodities moves at Citi, BNP Paribas & GDF Suez
Boyle replaces Yates at Citi, as Baml picks up Stolz and Lee
Chief economist moves to oil giant
UK regulator announces three appointments to expand management capacity
Sign up for Risk.net email alerts
Nominated for two technology awards
Nominated for post trade technology award
Sponsored webinar: Collateral and counterparty tracking
Isda directors warn on fragmentation, access and liquidity - but expect problems to pass
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.