n THE TRADE HO T 100 n www.thetradenews.com 27
n THE TRADE HOT 100
As equity dealer at Ardevora Asset Management, Neil Bond is a keen proponent for dark pools and stealth strategies.
He has had a long career in trading, starting out in the City of London
in 1988 at UBS where he was a research salesman. He then moved to
Boston to establish an international desk for Fidelity Capital Markets.
Bond subsequently joined ITG as a founder member when it launched
the first major crossing network in Europe.
While at ITG he built the program trading desk from nothing, turning it
into a team that was respected throughout the industry.
After ITG, Bond headed up program trading sales at Bear Stearns and
worked at Sanford Bernstein on the program trading and algo team.
The 46 year old from Surrey switched to the buy-side two years ago to
become a partner at Ardevora when the company wanted to expand the
dealing team to build a more robust trading process.
One of the difficulties that Ardevora was facing when he joined was
finding the other side of some of the less liquid names it was holding in
Bond decided to expand the broker network, introduce Trade Cost
Analysis (TCA) tools and implement a more sophisticated front-end
He opted for ITG’s TCA offering but admits it was a very close field:
“Ease of use and large peer database were two of the factors that contrib-
uted to our choice,” he explains.
“Integration has been quite smooth, with the main issues being
collating the data at our end from our EMS and building filters by our
Partner and dealer (equities)
Ardevora Asset Management