BTIG appoints Pavi Sidhu to lead prime broker’s EMEA portfolio

Rick Steves

The Global Portfolio and ETF Trading division at BTIG executes portfolios across developed, emerging, and frontier markets.  The firm develops solutions for rebalances, cash flow trades and index events worldwide.

BTIG has appointed Pavi Sidhu as Managing Director within its Equities division, based in the prime broker’s London office, and with the mission to expand the EMEA Portfolio Trading and ETF businesses.

The firm specializes in institutional trading, investment banking, research, and related brokerage services, offering execution, expertise, and insights for equities, equity derivatives, ETFs and fixed income, Forex, and commodities.

Execution, expertise, and insights for multi asset trading

The Global Portfolio and ETF Trading division at BTIG executes portfolios across developed, emerging, and frontier markets.  The firm develops solutions for rebalances, cash flow trades and index events worldwide.

Pavi Sidhu is an industry veteran with more than 20 years of experience in Portfolio Trading, having joined BTIG from Exane, where he was Managing Director and Partner, with a focus on Portfolio Trading, ETFs and Index.

Previous roles include Equities Trading and Global Portfolio Trading at HSBC, where he spent seven years. He was also responsible for building out U.S. Portfolio Trading execution at SG Americas Securities.

Luke Hodges, Chief Operating Officer and Head of Equities at BTIG Limited, commented: “We are excited to welcome Pavi to the firm. His deep product knowledge, track record and client-first mindset will allow us to accelerate the build out of the EMEA Portfolio and ETF Trading platform.”

The prime broker operates across the globe with 700 employees and affiliates throughout the U.S., and in Europe, Asia, and Australia.

As for core capabilities, BTIG offers global execution, portfolio, electronic and outsource trading, transition management, investment banking, prime brokerage, capital introduction, corporate access, research and strategy, and commission management.

BTIG in a hiring spree

In February, BTIG appointed Bradford Ainslie as Managing Director within its Institutional Equities business to increase the client reach of BTIG and expand the ability of the firm to source liquidity.

BTIG’s Institutional Equities team aims to maximize outcomes for market participants by leveraging relationships and accessing more than 50 global market centers, where BTIG sources liquidity on behalf of its 4,000-plus clients worldwide.

Reporting to Richard J. Blank Jr., Managing Director and Head of Global Equities at BTIG, Bradford Ainslie brings over 20 years of industry experience having worked as Managing Partner and President at The Brightwood Group prior to the new challenge.

In December 2021, BTIG promoted Richard Jacklin to Chief Operating Officer of Securities, reporting directly to Scott Kovalik, Co-Founder and Chief Executive Officer of BTIG.

Richard Jacklin will focus on driving strategic priorities and capitalizing on synergies across the firm’s Securities division which is inclusive of equities, fixed income, currency and commodities platforms.

The new COO os Securities served in several key leadership roles with BTIG in both the U.S. and across the firm’s affiliate entities in Europe, Asia, and Australia, having most recently served as Head of Client Relationship Management and International Equities at BTIG.

Read this next

Digital Assets

Ripple and Lithuanian FINCI partner for XRP-based payments

Ripple is looking to expand its presence in Europe, forming a new partnership with Lithuanian electronic money institution FINCI.

Digital Assets enables Shopify merchants to accept crypto payments has integrated with Canadian e-commerce giant Shopify so global merchants can accept crypto payments and save on processing fees through cash-final settlements.

Institutional FX

FX volume drops 13pct at CLS Group in April 2022

FX settlement specialist CLS Group today reported that the executed volumes of currency trading on its platforms were notably down in April.

Crypto Insider, Opinion

Regulation: The Gold-Standard for Crypto-Assets

When the US supervisory authority SEC allowed an investment product referencing Bitcoin futures to be traded for the first time last October, this was widely perceived as a signal that cryptocurrencies had finally become established as an asset class.

Executive Moves

Solid hires FX industry veteran Darren Barker for multi-bank ECN’s business development

His curriculum vitae includes former roles at Cantor Fitzgerald, Sucden Financial, R.J. O’Brien, Jefferies, Natixis, Unicredit, J.P. Morgan, Raiffeisen, RBS International, UBS, Deutsche Bank, and Citi. 

Inside View

Mihails Safro, xpate CEO: Tips sellers need to know to overcome compliance obstacles

The unprecedented growth of e-commerce changed shopping dramatically last year. Many sellers suddenly faced a rapidly growing number of customers who had to stay home during the lockdown. When some clients adopted Netflix and Spotify as part of a daily routine, others ventured into online business. Robinhood alone saw a whopping 6 million rise in user numbers in 2 months. 

Institutional FX

BMLL delivers Level 3 data to Kepler Cheuvreux for order book analytics and algo performance

The solution covers more than 6.5 years of harmonised historical data from 65 venues and combines it with easy to use APIs and analytics libraries in a secure cloud environment. 

Digital Assets

Crypto Is An Invaluable Tool In The Fight Against Financial Oppression  

Crypto has proven itself to be much more than just a hot investment. Indeed, some say it’s poised to play a critical role in the future of finance

Executive Moves

Parameta appoints Head of Benchmark and Indices with a focus on ESG and rates

The firm said building out its benchmarks & indices offering will now be a core priority, with a particular focus on the ESG and rates space.