BCS Global Markets Appoints New Prime Services Sales Director

Ricardo Esteves

Ricardo Esteves has seen business and economics through many lenses. He joined the Financial Services Industry in 2009, and has been a financial journalist since 2011. He holds a degree in Business Administration and has experience producing real-time news, from both buy-side and sell-side, as well as for retail traders, brokers and service providers. Esteves' work has appeared in a variety of online publications including FX Street and FinanceFeeds.

BCS Global Markets

BCS Global Markets Appoints New Prime Services Sales Director

August 6, 2019

BCS Global Markets BCS Global Markets has appointed Andrew Richards as Prime Services Sales Director based in London to support Russian market maker’s expansion by strengthening and expanding the global investor base in the US, Europe, Emerging and frontier markets.

Reporting to Tim Bevan, Chief Executive Officer of BCS UK, Andrew Richards will be responsible for selling the firm’s flagship International Prime Services offering, primarily Synthetic/Physical Prime & Execution, to the small- and mid-tier Hedge Fund community across various strategies,
including Equity, Derivatives, and Fixed Income.

Andrew’s +15 years of experience as a relationship manager next to hedge funds, asset managers and financial institutions, gives him the required edge to fulfill his mission at BCS Global Markets. Prior to joining the company, Richards held various senior roles within the prime brokerage
industry, most recently as Director of Origination Global Security Finance, Synthetic Prime Brokerage at ING BANK in London. He also served as Vice President, Prime Brokerage Relationship Manager for Bank of America Merrill Lynch in London.

Tim Bevan, Global Head of Prime BCS Global Markets and CEO BCS UK, commented: “We are delighted to welcome Andrew in our team in London. We believe he will make a significant contribution to BCS Global Markets. His breadth of experience in selling international prime services and developing client relationships to the hedge fund community will be instrumental in our global expansion.

Earlier this year, BCS Global Markets had hired Kyrill Firshein and Diego Vargas to boost its
US operations as they joined the firm’s sales team based out of its New York office with the mission of expanding the market share of Russian and Emerging markets-focused equity and fixed income assets.

BCS Global Markets is the largest independent securities broker listed in the Moscow Exchange with a presence on other major global economic capitals such as London, New York, Zurich, Ottawa, Copenhagen, and Singapore.

BCS Americas, which was founded in 2016 to unlock Russian markets for US investors and is a registered member of NYSE as a trading floor broker since 2018, has launched a new equities trading platform in order to establish non-Russian focused relationships with major international
clients with access to global equity execution and settlement capabilities and a suite of algorithmic trading tools.

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