01:07 PM
Nomura Boosts Equity Index Trading with New Hire
Nomura has hired Tom Jarck as a managing director and Co-Head of Equity Index Trading.
The move is a sign that Asia’s global investment bank is strengthening its equities capabilities in the Americas.
[For more on Nomura Taps Instinet As Sole Execution Services Arm in Major Restructuring , see Ivy Schmerken’s related story.]
"Nomura continues to gain traction and share in the U.S. capital markets, and we are building on that momentum to serve our clients by expanding our product line and adding trading talent," said Samir Patel, Head of Equities, Americas in the release.
Jarck will work alongside Jordan Farkas, Co-Head of Equity Index Trading, who has been at Nomura since 2009. Jarck will be primarily responsible for trading sector indices, ETFs and VIX-related products, an effort that will complement the firm’s global equity index options franchise.
Jarck brings more than 20 years of experience in index options trading to Nomura. He most recently served as Head of Index flow volatility trading at Deutsche Bank.
"We have created a strong culture of pricing and managing risk at Nomura, and Tom enhances our ability to offer liquidity and creative solutions to our clients across the spectrum of US index products," state Walter Maloney, Head of Equities Trading, Americas in the release.
Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio