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Industry news

BCS pushes London/Moscow hub


02 December 2013 London
Reporter: Georgina Lavers

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Image: Shutterstock
BCS, a trader of equities and derivatives on the Russian exchange, has hired Gareth Johnson as senior trader to the London office, as of the beginning of October.

The appointment highlights the sustained growth of BCS’s UK business which has made a number of key hires over the past twelve months.

Relocating to London, Johnson has joined BCS to start up the equity trading arm of the international business. He recently returned to the UK after living in Russia for seven years, where he was most recently senior equity trader at Troika Dialog. Prior to his time with Troika, he held head of equity trading positions at both Alfa Bank and Uralsib Capital.

Additionally, Tim Bevan has been promoted to executive director of the board of BCS Prime Brokerage, effective 13 November 2013. His previous title was head of international prime sales and he will continue his duties in this capacity along with his board responsibilities.

BCS’s UK business has made a number of key hires over the past twelve months in its push to become the main hub for trading securities between London and Moscow.

In November last year, the firm nabbed Audrey Faveeuw from the London Stock Exchange (LSE) as a director for prime brokerage sales, reporting to Bevan. Then in April 2013, one of the founding partners of BCS Financial Group Edward Golosov rejoined as an executive director, after five years at Barclays.

A month later, Dipak Rajani was hired as director of international prime brokerage sales.

Joseph Dayan, executive director and head of markets of BCS Prime Brokerage, said: “Since our UK operations were granted regulatory approval by the FCA we have been gradually building our team. We are delighted that [Johnson] has joined especially given his experience in both European and Russian markets. The appointment affirms BCS’s aspiration to become the main hub for trading securities between London and Moscow.â€
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