London, 25 May 2016
Macquarie Securities, the institutional equities arm of Macquarie Group, has appointed Andrew Stancliffe as Head of Cash Trading, Europe. Andrew will be based in London and will report to Dipesh Patel, Head of Cash Equities, Europe.
Andrew will support the growth of the trading team, developing Macquarie Securities’ trading and execution strategy, focusing on client relationships and upcoming regulatory changes.
Andrew brings more than 17 years of trading experience to his new role. Prior to joining Macquarie, he spent four years as Head of Trading at Investec in London where he led the trading team to grow commission, trading revenues and help form the bank’s strategy. He has also previously held senior positions in the trading teams at Evolution and Merrill Lynch.
Dipesh Patel, Head of Cash Equities, Europe, said: "We are pleased to welcome Andrew to Macquarie. Andrew’s experience across client facilitation, proactive risk and market making will be invaluable as we look to further leverage our trading capabilities and complement the wider growth of Macquarie Securities in Europe.”
Commenting on his appointment, Andrew said: “Alongside Macquarie’s long term commitment to the securities business, I see a number of exciting opportunities where we can embrace new technologies to create a smarter and more efficient team, enabling sustainable growth.”
Andrew’s senior appointment is the latest in a series of hires across Macquarie Securities as the team doubles the number of stocks covered and extends its research capability to new sectors including consumer and luxury goods, technology, chemicals and insurance.