JP Morgan hires Troise to head e-trading business

JP Morgan hires Troise to head e-trading business

JP Morgan has appointed Barclays Capital's Frank Troise as global head of equities electronic client solutions.

Based in New York and reporting to global head of equities, Carlos Hernandez, Troise will oversee the bank's electronic trading business including product management, distribution, direct market access, algorithmic trading, electronic liquidity management and market structure.

Troise was previously head of equities electronic trading product at Barclays Capital. Prior to this role he worked at Lehman Brothers, from 2005 to 2008, and at ITG, from 1997 to 2005.

Says Hernandez: "Frank has tremendous experience in the electronic markets and has been at the forefront of delivering client solutions in this evolving space."

Recently, JP Morgan has refocused its efforts in electronic trading within equities and the prime services divisions. New hires include Michael Green who was named head of equities in Tokyo and electronic client solutions in Asia and Olushola Olateju who now leads the global e-trading technology team.

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