UK-based hedge fund Quadrature, which pays it staff £3m ($4m) on average – according to Companies House filings – has appointed Heath Windcliff, former Global Head of Electronic Client Solutions at JPMorgan, in an execution role in the firm’s soon-to-open New York office, according to report by eFinancial Careers.
Windcliff spent the past four years at JPMorgan and prior to that, 16 years at Morgan Stanley, where he was Global Head of Quantitative Research for Equity Algorithmic Trading.
Windcliff isn’t the only notable addition to Quadrature’s new US team. In June, the firm hired Simon Thornington, formerly a Vice President in Low-Latency Execution Engineering at Two Sigma, as a Quant Developer, while William Levine, who previously led HFT Production Engineering at Citadel Securities, joined as a Systems Engineer in May.
Quadrature’s New York office, which will be located in the historic Puck Building, is scheduled to open this autumn, occupying part of the space recently vacated by New York University.