David Fellah, former trading analytics chief at ITG, has been hired by Instinet to lead its international quantitative trading research and execution consulting for Europe and Asia.
Fellah will report to Instinet Europe CEO Richard Parsons.
Hayley McDowell filed this report for The Trade:
“Data and quantitative analytics continue to play a critical and ever-evolving role in our business,” Parsons commented. “David’s deep experience in trading strategy research, advanced analytics, and modeling will further scale and enhance our ability to help clients achieve better execution.”
Fellah spent just over one year at ITG, heading up the broker’s global trading analytics, and prior to that spent almost eight years at JP Morgan, most recently running linear quantitative research across Europe, the Middle East and Africa for FX, cash and electronic trading.
Before JP Morgan, Fellah worked at Liquidnet for more than three years overseeing the algorithmic development as manager of quantitative trading strategies. He also worked at Miletus Trading as head of trading algorithms.
“We’re delighted to welcome David to the team. For fifty years, Instinet has embraced evolving technology, transparency, and the astute application of quantitative data to improve our clients’ trading experience and performance. We’re confident that David’s skills and expertise have found a good home in Instinet,” Parsons added.