STAMFORD, Conn., Jan. 23, 2018 /PRNewswire/ -- Tourmaline
Partners, LLC, a global institutional trading solutions firm, is
pleased to announce the expansion of its Asia trading team via the opening of a new
office in Sydney, Australia.
Tourmaline's Australia office will
be established by James Santo and
Neil Hetherington, both hailing from
Northern Trust, and joining Managing Director Chris Murphy in providing coverage across the
region.
"We are pleased to welcome both James and Neil to the Tourmaline
team. Together, they bring a wealth of expertise and industry
experience serving the Asia-Pacific market, as we expand our global
footprint," said Aaron Hantman,
Tourmaline's Chief Executive Officer.
Expanding its reach with a third office that covers trading
across Asia is part of
Tourmaline's growth strategy to both continue to improve the
trading solutions that it offers clients as well as adding capacity
to handle trades in these markets. Murphy noted, "Having boots on
the ground helps us better support clients in the region as well as
those trading Asia-Pacific markets
from Europe and North America."
"We are excited to join Tourmaline Partners," said Santo,
"Tourmaline's unique structure and commitment to robust global
coverage provide the right platform to help clients manage their
trading around the clock and around the world." Acting as Managing
Director of the Sydney office,
Santo brings 20 years of trading experience working with investment
banks, having run hedge fund sales and trading desks at JPMorgan,
Deutsche Bank, and Bank of America Merrill Lynch, with particular
focus on Pan-Asian event-driven opportunities and share-class
trading.
"Also importantly, Tourmaline's service model is well positioned
to help our clients navigate a changing sell-side landscape.
Unbundling will lead to a new framework for best
execution. Having access to leading industry algorithmic
tools, dark pools and over 350 global brokers will be paramount in
representing our clients," added Hetherington, who will serve as
Managing Director in Tourmaline's Australian
operations. Hetherington is responsible for trade execution
within the Asia-Pacific region and
brings over 10 years of equity trading experience, having
previously worked for Bennelong Asset Management and Northern Trust
covering a range of asset classes across Australia, New
Zealand, Japan,
Hong Kong, Singapore and the rest of Asia.
"Our new Australia office
builds on the fantastic growth we have seen in the United States and Europe and the increasing demand for the kind
of trading solutions and expertise that Tourmaline provides," said
Hantman. "This new office is another step in our growth and
I'm excited to have James and Neil join the other 32 Tourmaline
employees, including our 26 senior traders, to serve our 300
institutional clients in a post MiFID II world."
To find out more about Tourmaline Partners, LLC please
contact Aaron Hantman at
203.302.7300 or ah@tourmalinellc.com.
Tourmaline Partners, LLC is a global institutional equity
trading solutions firm with offices in Stamford CT, London,
UK and Sydney,
Australia. Tourmaline functions as a 100% conflict-free
trading partner, with no proprietary trading, research or banking.
Tourmaline's unique structure provides clients with
unparalleled access to natural liquidity, global market reach and
operational compliance. Tourmaline's flexible solution serves
emerging funds seeking trading expertise and economies of scale,
larger industry players seeking anonymity and broader access to
liquidity, and multi-manager platforms.
https://www.tourmalinellc.com/
Tourmaline Partners, LLC is registered with the SEC and
FINRA. Tourmaline Europe LLP Is a wholly owned subsidiary
authorized and regulated by the FCA.
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SOURCE Tourmaline Partners, LLC