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Trading Cross Connects Hires Gabirel NG As VP of Risk Management

Incubator of high frequency trading teams taps NG, formerly with Gottex Fund Management, for risk management.

Trading Cross Connects US LLC (TXC), an incubator of high-frequency algorithmic trading teams, has hired Gabriel NG as VP of risk management, the firm announced today.

Prior to joining TXC, NG was director of risk management for Gottex Fund Management, a fund of funds based in Switzerland, where he assisted in the risk monitoring and oversight of a $160 billion portfolio. Previously he was a quantitative portfolio and risk analyst at Daiwa Securities America and Fountainhead Capital responsible for risk management of proprietary quantitative and algorithmic strategies. He began his career at Goldman Sachs Group where he researched and developed enterprise high-frequency infrastructure and trading systems.

Based in Jersey City, New Jersey, TXC provides a customized plug-and-play hosting solution for high frequency trading teams. It also provides a range of technology, funding and administrative services. The group, founded in April, 2009, offers co-lo and pro-lo sites in the US and Europe. TXC works with banks and prime brokers to deliver middle and back-office solutions.

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

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