22 n THE TRADE HO T 100 n www.thetradenews.com
n HOT 100
David Miller is a true veteran of the trading business, with a career span- ning more than three decades. In fact, Miller has spent the vast major-
ity of this century on the buy-side.
He is one of Invesco’s three regional trading heads, taking overall
responsibility for the global asset manager’s trading operations in the
European time zone.
Miller has held a leading role at the Henley-on-Thames-based asset
manager since November 2001, a stint of over 14 years that has seen him
not only hone his skills but witness the transformation of buy-side trading
to the electronic-driven operation it is today.
He says trading desks are a far more integral part of the investment
process these days and are often called on to advise the portfolio man-
agers on the best way to trade particular positions and achieve positive
Miller believes traders are now better equipped to use all their trading
skills across a wide range of electronic technologies as a result.
However, he maintains that high-touch trading is just as important as
electronic methods as it enables some trades to be executed that might
otherwise be impossible.
Prior to joining Invesco, Miller spent five years as a market controller at
London-based stock exchange Tradepoint. The venue was one of the first
electronic order-driven exchanges.
His first key role in the industry was as a market maker at Smith New
Court, which he joined in 1982 and spent 13 years on the desk and leaving
before it was acquired by Merrill Lynch.
Miller says he intends to continue work on trading innovations to
ensure his desk can provide the portfolio managers with every possible
new trading tool available to give them the edge they need. n
Head of EMEA trading