Saxo Bank, a Denmark-based investment bank, has hired Alessandro Bressan as new global head of equity products.
Based in London, Bressan will report to Dennis Malamatinas, global head of regions and global marketing.
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Additionally, Bressan will also take over the responsibility for UK sales covering European clients.
Bressan has joined Saxo Bank from Deutsche Bank where he served as global head of dbIntegrate sales, a front to back office solution for equity execution, settlement and custody.
Prior to this, he has spent eight years at Morgan Stanley where he worked on the equities electronic trading desk, covering clients trading equities, futures and options, as well as swaps.
Matteo Cassina, head of business lines at Saxo Bank said: "With liquidity increasingly fragmented, and the number and variety of market participants on the increase, our sophisticated global and multi-asset trading platform is uniquely placed to aggregate these liquidity pools together for the benefit of individual and institutional clients looking to consolidate their trading with a single platform.
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By GlobalData"At the same time, Alessandro’s addition to the team and our strategy to enhancing our asset class and product excellence presents opportunities for us to further extend and grow our white label solutions which are currently used by over 100 financial institutions worldwide."
Alessandro said: "This presents an opportunity for Saxo Bank which further provides these clients with the added assurance of being a regulated entity holding bank licenses in a number of jurisdictions.
"We are also planning to fill an important gap for those institutional clients who are looking to outsource their trading infrastructure and post trade services to enable them to focus exclusively on their core businesses," he added.
