itarle UK, a provider of multi-asset best execution technology, has appointed Tom Middleton to head its quantitative services department.
A Cambridge PhD and Olympic rower, Middleton was a founder member of the team developing the first set of algorithms at Citigroup.
He went on to lead the team from 2005 to 2009 while building Citi’s European smart order router (SOR) from scratch and looking after the release of CitiMatch (EMEA), which went on to become one of the most successful dark pools in Europe.
Between 2010 and 2016, Middleton held roles in quantitative trading and quantitative risk management at Credit Suisse.
Paul Lynch (pictured), CEO of itarle, says: “We’re delighted to welcome Tom to the team as itarle continues to break new ground. Our goal is and has always been to offer innovative technology services that will maximise trading performance and productivity while minimising costs. To that end, Tom brings a unique skillset that will help us deliver new products and capabilities to our clients."
Middleton will run the quantitative services department at itarle working alongside David Foster who runs the business services department. They report directly into the itarle HQ in Switzerland.
