RBC Capital Markets has made a number of senior hires within its European equities sales trading team, reporting to head of European equity sales trading teams Luke Mackaill.
RBC reported CAD 301 million in equity trading revenues for Q3 2025, up 43% year-on-year. This represents 22% of the company’s overall trading revenue.
Imad Frigui leads continental Europe cash equities sales trading, based in Paris. He joins the firm with more than 15 years of industry experience, most recently servicing as an equity sales trader at Wells Fargo. He has held the same role at BNP Paribas and Bank of America.
In London, Malcolm Pratt has joined the company as a director of EMEA high-touch sales trading. He will specialise in hedge fund and sovereign wealth client coverage.
Pratt joins from Clear Street, where he has been a managing director for execution services since June.
READ MORE: Malcolm Pratt leads execution at Clear Street
Tracey Brown, who recently joined the firm as an EMEA equity cash sales trader, has also been named director of EMEA high-touch sales trading with a focus on the global and UK institutional client base.
READ MORE: Brown joins RBC Capital Markets
“These appointments highlight our continued investment in growing our presence in the UK and Continental Europe by enhancing our capabilities and continuing to deliver value to our clients,” commented Mackaill.

