Financial services provider Investec Bank has launched an electronic equity trading desk, appointing Dominic Lowres to lead the team. Matthew West has also joined the firm.
Building on the firm’s existing high-touch trading solutions, the new desk allows clients to execute low-touch equity trades across multiple global trading locations and benefit from both its internal liquidity pools and external exchange memberships, Investec explained.
Lowres, who joined Investec as head of electronic trading and executions strategies earlier this year, commented: “Clients are constantly looking at how they can improve execution quality, maximise access to liquidity, reduce their trading costs and ensure ‘best execution’ with partners who can intelligently navigate and innovate in the electronic trading landscape to provide the speed and service they require.”
The desk also allows Investec to service the growing number of digital wallets, resulting from increased engagement with passive investments, and meet growing demands for electronic trading solutions.
Clive Murray, head of equities at the company, noted: “Our approach to trading has always been to put our clients first. One of the services we’ll offer all our clients as part of our overall trading solutions is bespoke trading consultancy, where we leverage our deep insight into the equities market and advise clients on their ideal approach to market access in a unique way. We believe that it’s this highly personalised service that differentiates us from the market and provides real long-term value to clients on a global scale.”
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