Rising Stars of Trading & Execution 2015
n Leaders In Trading
Rising Stars of
Trading & Execution
NAME: David Sturgeon
JOB TITLE: Investment dealer
COMPANY: Alliance Trust
Sturgeon has been working in trading for around a decade and holds both the IMC and CISI certificates. For the past six and a half years he has worked on
the institutional dealing desk of Alliance Trust which trades
global equities, fixed income, derivatives, interest rate
swaps, credit default swaps and foreign exchange.
Prior to joining the desk, he worked as a dealer on the
retail desk, which he joined in October 2006. Before this he
worked as a trading analyst at JP Morgan Chase.
Sturgeon is a graduate of the University of Edinburgh with a
BEng in Electronics and Electrical Engineering. n
NAME: Oliver Steinki
JOB TITLE: Founder
After spells at Morgan Stanley, Commerzbank and Stigma Partners, Oliver Steinki decided to move away from the major corporates and set up his
own investment management firm in Evolutiq.
The Swiss-based investment firm develops, designs
and implements quantitative trading models, and uses
an in-house developed algorithmic trading framework,
which it uses in its daily trading activities.
“Growing up in an entrepreneurial family, I knew
quite early that I would like to start my own company
later in life,” said Steinki.
According to Steinki, Evolutiq’s model is built upon
doctoral research on the applicability of ensemble
methods to enhance option pricing models based on
Lévy processes conducted by Steinki himself.
“At Evolutiq, we are driven by a rigorous quantitative
research culture and rely heavily on academia’s latest
findings to construct innovative strategies. Our investment
philosophy evolves around the implementation of
approaches based on statistical learning.
“We believe utilising these cutting edge statistical
learning techniques to formulate predictions is a more
dynamic and statistically more accurate approach to
predict market moves compared to static methods which
are often based on the normal distribution assumption.”
The firm invests in products including futures on
major equity indices, commodities, volatility, G7
currency pairs and interest rates to ensure liquidity and
low transaction costs.
Steinki began working in the financial industry in
2003, first as an analyst at Commerzbank before
moving to Morgan Stanley as an associate. He then
moved to Stigma Partners, a systematic global macro
house in Geneva, where he was involved in multi-asset-class derivatives trading.
Steinki has co-founded and invested in successful
start-ups throughout Europe, with a handful receiving
awards from the FT Germany, McKinsey, Ernst & Young
and the German federal ministry of economics. He is
also an adjunct professor teaching algorithmic trading
and portfolio management courses at IE Business
School in Madrid and on the Hong Kong campus of
Manchester Business School. n
NAME: Daniel Hughes
JOB TITLE: Dealing and Trade Support manager
Royal London-owned Ascentric appointed dealing manager Daniel Hughes from KCG at the start of the year at a time when it was embarking on a campaign centred on best execution.
Hughes has gathered a vast amount of experience during his
career to date, having worked at an array of culturally different
Prior to joining Ascentric, he had been at Knight Equity
Markets (now KCG), for a little under three and a half years,
working as director of European Equity Trading. Before that he
spent three years at Louis Capital Markets as an equity trader.
Between 2001 and 2004, he worked at ING Financial
Markets, with responsibility for risk facilitation and trading in
French, Italian and Dutch convertible bonds and as manager of
UK and European equity trading before that.
Hughes has been keen to pass on his experience to the next
generation of traders, having trained junior staff at Ascentric
through facilitating greater links with the Royal London group. n