Luke Holmes has joined JP Morgan as an equity sales trader. He is based in London.
JP Morgan reported a 15% year-on-year (YoY) increase in markets revenues for Q2 2025. Equity markets revenues were US$3.2 billion.
READ MORE: Derivatives, prime brokerage shines in US banks’ Q2 equity results
The firm has seen a stream of traders leaving for Citi this year, including Karl Purdy, Anand Goyal, Hooi Wan Ng and Andrew Bruce.
READ MORE: Citi swipes JP Morgan trader
Holmes has more than 15 years of industry experience and joins JP Morgan from Clear Street, where he has been a managing director of high-touch sales trading since January. Prior to this, he was head of equity sales trading for US clients at Kepler Cheuvreux.
Earlier in his career, Holmes was an equity sales trader at AllianceBernstein and Goldman Sachs.
