Sandro Oswald has joined Susquehanna as a quantitative trader for the central risk book. He is based in London.
Susquehanna executed 7.7 billion shares in May 2025, according to Global Trading analysis, with price improvements of US$55.7 million provided to retail traders down more than 20% on April figures. Execution quality also declined.
READ MORE: Price improvements fell to US$253 million as retail volume increased in May
Oswald joins the company after almost a decade at Morgan Stanley, where he was most recently co-head of the centralised risk book and systematic market making for the EMEA region, covering cash equities and Delta 1. Prior to this, he was a quant trader for ETFs and equities.
Earlier in his career, Oswald was an ETF quant trader at KCG Holdings and Bank of America Merrill Lynch’s quantitative statistical arbitrage group. He also spent five years at Interactive Brokers, leading ETFs and structured products for the Swiss Timber Hill business.
