Abner named head of ETF trading at BNP Paribas

BNP Paribas has recruited David Abner as head of exchange-traded fund (ETF) trading in New York.

Abner was previously head of ETF trading at Bear Stearns, where he was also responsible for ETF redemption and creation. At BNP, he will report to the head of equities and derivatives trading for the Americas, Pascal Leyo.

Leyo's deputy, Todd Steinberg, said that Abner's recruitment was part of the bank's plan to improve its equity derivatives business in the US.

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