Former UBS outsourcing lead Ian Power has resurfaced at BTIG as head of EMEA outsourced trading.
UBS left the outsourced trading business in March.
READ MORE: Outsourced trading hits speedbump as UBS quits
In May, the hub’s director was named head of Clear Street’s newly-launched outsourced trading platform.
READ MORE: Clear Street snaps up ex-UBS director to launch outsourced trading
Outsourced trading and prime brokerage specialist BTIG reported 13,830,642 in gross profit in 2024, down 5% year-on-year.
Power has more than 25 years of industry experience and had been with UBS for three years before the execution hub closed. He joined the firm as UK head of multi-asset trading for the division.
Prior to this, Power was a global multi-asset and derivatives trader at Newton Investment Management, head of trading at Standard Life Investments (now Aberdeen) and head of client derivatives trading at Ignis Asset Management.
