Merus Global Investments, a multi‐strategy investment partnership, has opened a new office in Boca Raton, Florida and added trading industry veterans Seth Setrakian and Roger Egbert to the firm’s team. Setrakian and Egbert, who both join Merus as Senior Managing Directors and Partners, will jointly lead a new eight‐person Florida‐based team.   The new team brings a tremendous amount of expertise and talent to Merus and an exceptional track record in US equities, futures and currency trading that further diversifies Merus’ global strategy.   Joseph Monte, CEO and Senior Managing Partner of Merus Global Investments, says: “We are thrilled to

Lee Hodgkinson, Head of Markets and Global Sales of Euronext and CEO of Euronext London Ltd, has decided to pursue a new professional project. Hodgkinson (pictured), will leave in April after more than nine years with the company, to serve as CEO of OSTC, a London-based proprietary trading firm which operates from 14 offices around the world. Hodgkinson will actively participate in the transition process during his notice period.   Euronext says it will take all necessary measures to ensure the transition is conducted in a smooth and orderly manner and the Managing Board remains strongly committed to the achievement

Guggenheim Investments, the global asset management and investment advisory division of Guggenheim Partners, has appointed Brian E Binder has been appointed as a Senior Managing Director and Chief Administrative Officer. He is based in Guggenheim’s Chicago office. Binder (pictured), has over 24 years of experience in the asset management industry. He joins Guggenheim Investments from Deutsche Asset Management, where he was a Managing Director, President of the Deutsche Funds and Head of US Product, Trading and Fund Administration. Previously, Binder was Head of Business Management and Consulting at Invesco, where he served as Chairman of the US Executive Management Committee.

O’Shaughnessy Asset Management (OSAM), a quantitative money management firm with approximately USD6.9 billion in assets under management (AUM) and assets under advisement (AUA), has named Patrick O’Shaughnessy, CFA (pictured), as the firm’s CEO. He succeeds Jim O’Shaughnessy, OSAM’s founder, who remains in his role as Chairman and Chief Investment Officer.   Patrick O’Shaughnessy, previously principal and portfolio manager at OSAM, assumes all CEO responsibilities while working in close coordination with Jim O’Shaughnessy during a transition period that is expected to be complete by the end of March 2018. After that, the father and son will continue to work side-by-side, with

CIFC, a credit manager specialising in US corporate and structured credit strategies, has appointed Jay Huang as a Managing Director, Senior Portfolio Manager and Head of Structured Products Investments. Huang (pictured), will oversee CIFC’s structured products investments business.   CIFC says Huang’s appointment is a key strategic move that will further bolster the firm’s investment expertise and market presence in the structured products space.   Previously, Huang served as Managing Director and Global Head of CLO, CDO and Distressed SIV Trading for Citigroup Global Markets, a business he built to become the top revenue-generating business within the firm’s Structured Credit

Alpine Macro, an independent investment strategy research firm dedicated to providing actionable analysis, insights, forecasts and investment recommendations, has added veteran China and Asia Strategist Yan Wang to its research team. As a Partner and Chief Emerging Markets/China Strategist, Wang (pictured), will be heading Alpine Macro’s Emerging Markets and China (EMC) research and will spearhead Alpine Macro’s next product, the EMC Strategy, which will be launched in due course. Previously, Yan spent 15 years at BCA Research where he was the firm’s Chief China Strategist and Managing Editor of BCA China Investment Strategy from 2005 to 2017.   “We are

Tourmaline Partners, a global institutional trading solutions firm, is expanding its Asia trading team through the opening of a new office in Sydney, Australia.  Tourmaline’s Australia office will be established by James Santo and Neil Hetherington, both hailing from Northern Trust, and joining Managing Director Chris Murphy in providing coverage across the region.   “We are pleased to welcome both James and Neil to the Tourmaline team. Together, they bring a wealth of expertise and industry experience serving the Asia-Pacific market, as we expand our global footprint,” says Aaron Hantman (pictured), Tourmaline’s Chief Executive Officer.   Expanding its reach with

The Foreign Exchange Professionals Association (FXPA) has appointed John Shay (pictured), as President of the organisation, a newly created role. Additionally, FXPA has hired Mercury Strategies, represented by Justin Slaughter, as its new legal counsel. “We are excited to welcome John and Justin to FXPA. They will be involved on a day-to-day basis, leading the group’s efforts to focus on the issues that matter most to the FX industry and help fulfil our mission statement, which is to advance a sound, liquid, transparent and competitive global currency market through education, research and advocacy,” says FXPA Chairman Chip Lowry.   “Through

Twin Capital Management (Twin), a New York-based alternative asset manager, has named Michael Horgan as Co-Chief Investment Officer. Horgan (pictured), will join Twin founder David Simon, in the CIO role overseeing the firm’s event-driven investment strategies, jointly responsible for research, security selection, portfolio construction and risk management.   Horgan has managed his own carve-out within the firm’s flagship fund for the past three years, demonstrating a track record of consistent returns across a portfolio allocated to merger arbitrage and special situation opportunities.   “This is a well-earned promotion for Michael,” says Simon. “He has over a decade of experience in