After hiring a program trading team from Credit Suisse last November, Australian bank Macquarie is understood to have made another major hire for its London equities business.
Market sources say Macquarie has hired Matthew Rubens, a former managing director at BTIG, the brokerage firm. Rubens is thought to be joining as head of UK/Europe sales trading.
Rubens didn't respond to a request to comment on his alleged new role. Macquarie declined to comment on the alleged hire. The FCA Register says Rubens left BTIG on February 22nd.
Rubens only joined BTIG in June 2015, Before that, he spent eighteen and a half years at Goldman Sachs, ending up as head of emerging markets execution across London, Moscow and Dubai.
Macquarie has been building its cash equities team in London after hiring Daniel Kaye from Credit Suisse in November. Kaye spent 17 years at Credit Suisse and is understood to be building out Macquarie's electronic trading platform. Macquarie is also said to have hired additional traders from Credit Suisse, who are expected to land at the Australian bank in the next few weeks.
Macquarie pays bonuses in May and has yet to announce its results for full year 2017.
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