RBC Capital Markets boosts equity derivatives team

RBC Capital Markets has named Gaurika Gambhir as a managing director and head of equity derivative flow sales for the EMEA region as it expands its global equities franchise.

Based in London, Gambhir reports to EMEA head of global markets flow sales Janet Wilkinson. She is responsible for expanding the firm’s equity derivatives offerings.

Also joining the London office is Sunny Dhonsi, who has been appointed director and head of EMEA equity SS flow derivatives trading. He reports locally to Akilesh Eswaram, global head of QIS and EMEA head of equity trading, and broadly to David Lalonde and Chad Blank, global co-heads of flow trading.

RBC Capital Markets reported CAD $1.3 billion in net income for the three months to August, up 13% year-on-year and up 10% quarter-on-quarter.

Earlier this month, European equity sales trader Jonathan West left the firm.

READ MORE: RBC veteran joins Handelsbanken

Wilkinson and Eswaran commented, “These key hires represent a significant step forward in our strategic ambition to build a world-class equities platform. With Sunny’s and Gaurika’s leadership, we are well-positioned to deliver innovative solutions, deepen client engagement, and drive growth in the equity derivatives space.”

Gambhir has more than 20 years of industry experience and joins RBC from HSBC, where she was head of UK equity derivatives sales.

Dhonsi’s more than 25-year career includes a decade at JP Morgan as an equity derivatives trader. Most recently, he was a portfolio manager at Squarepoint Capital.

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