Nomura Appoints Head of Equity Derivatives Trading for Asia-Pacific
Nomura, the global investment bank, announces the appointment of Jean El Khoury as Head of Equity Derivatives Trading, Asia-Pacific. This appointment is part of Nomura’s initiatives to further enhance its multi-product trading capabilities and its derivatives business.
Based in Hong Kong, Mr. El Khoury will be responsible for flow, structured and warrant derivatives trading across the region. He will report to Arnaud Bastit, Head of Equity Trading for Asia-Pacific.
Arnaud Bastit said: “Nomura is already a top liquidity provider in key global exchanges and commands leadership in equity research. Expanding our derivatives business and developing a best-in-class trading platform are crucial steps in establishing Nomura as a leading equities house in Asia-Pacific and globally.”
“Jean has a great reputation in the market and his extensive experience in derivatives trading will be instrumental in serving our clients in the region.”
Mr. El Khoury joins Nomura from Deutsche Bank in New York where he most recently served as the Co-Head of Equity Derivatives Trading for North America. He has more than fifteen years of experience in equity derivatives trading, and has previously worked as Head of Index Derivatives Flow Trading at Morgan Stanley in New York and for JP Morgan in London.
Nomura has rapidly grown its trading and research franchise globally, ranking at the top in terms of customer market share on Tokyo Stock Exchange and London Stock Exchange for more than 14 consecutive months. The company also ranked number one in Risk Magazine’s Institutional Investor Rankings in 2010 for Nikkei 225 Equity Index Options and top 3 for Asian OTC Single Stock Equity Options.
Nomura’s Asia-Pacific equity research team currently covers more than 1,230 stocks across the region, putting it number one in terms of its Asia-Pacific research coverage. The firm ranked first in the inaugural Institutional Investor 2010 All-China Research Team rankings, first in Institutional Investor’s 2010 All-Japan Research Team survey, and second in both the 2010 Institutional Investor All-Europe and All-Asia Research Team rankings.