Credit Suisse loses fixed income e-commerce head
Departing exec had been involved in innovative Wake Trading venture. He is thought to be moving to the buy side
Ryan Sheftel, global head of e-commerce for fixed income, currencies and commodities and global head of electronic market-making for rates products at Credit Suisse, has left the bank, according to a source familiar with the matter.
Sheftel is believed to have played a key role in setting up Wake Trading – a mould-breaking electronic market-making joint venture with high-frequency trader, Tower Research Capital. At press time, regulatory filings still named Sheftel as the chief executive of Wake
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