Deutsche Bank appoints Credit Suisse exec Marques as e-trading head

Deutsche Bank appoints Credit Suisse exec Marques as e-trading head

Deutsche Bank has hired former Credit Suisse executive Jose Marques to head up its global electronic equity trading business in New York.

Marques, a managing director in Credit Suisse's alternative execution products group, will take the MD role at the German bank's global markets division, reporting to Robert Karofsky, co-head of global markets equity and Kerim Derhalli, global head of equity trading.

Karofsky says Marques will spearhead Deutsche Bank's drive into electronic trading, with responsibility for product development, distribution, marketing and technology.

A 15-year industry veteran, Marques has also held senior electronic trading roles at Goldman Sachs and Morgan Stanley.

On Wednesday, JP Morgan announced the appointment of Barclays Capital's Frank Troise as global head of equities electronic client solutions, also based in New York.

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