Cannacott replaces Vallonthaiel at Peel Hunt

Ian Cannacott has joined Peel Hunt as head of electronic trading, based in London.

He replaces Nishad Vallonthaiel, who took on the role last year.

Peel Hunt reported £85.8 million in revenue for 2024, up 4% from 2023’s £82.3 million.

Cannacott, who has been with Redburn Atlantic for close to a decade, most recently served as head of electronic execution. Prior to this, he was an electronic sales rated and associate partner.

Over his 25-year career, Cannacott has held roles including vice president and program trader at both State Street and Dresdner Kleinwort, and director and senior trader at Instinet.

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