Deutsche Bank hires Sternberg to head quant trading

Deutsche Bank’s global equity derivatives group has hired Zemach Sternberg as head of global quantitative trading in New York.

Sternberg, who joined last week, will be responsible for building the bank’s equity derivatives quantitative trading platform globally. He will report to Yassine Bouhara, Deutsche's head of global equity derivatives.

Sternberg will initially focus on the US markets, according to a Deutsche Bank spokeswoman. He joins from Amber Mountain - a private trading firm he founded. Before this, he was a managing director in the equity derivatives group at Salomon Brothers.

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