Sukhobok Rejoins Otkritie Capital

May 4 2012 | 10:07am ET

Russian investment bank Otkritie Capital has re-appointed Mikhail Sukhobok, an original founder of the Otkritie Group, to head the firm’s global electronic trading division.

Sukhobok spent the last 12 months managing the merger of the MICEX and RTS exchanges into a single Russian exchange. Prior to that, at Otkritie, he led the corporate finance division and was involved in integrating several acquired businesses onto a single operating platform.

Sukhobok, who will report directly to CEO Igor Vayn, will play a couple of roles at Otkritie, sitting on the Otkritie Financial Corporation’s management committee and serving as deputy СЕО of Otkritie Capital. Sukhobok will develop the firm’s global electronic trading division and oversee all client relationships relating to the exchanges.

Said Vayn, in a statement: “We are the market leaders in electronic trading and DMA [direct market access], ranking among the largest companies in terms of the volume of securities traded on MICEX-RTS and LSE. This is a very rapidly developing and competitive environment requiring regular changes and improvements, as well as strict supervision over business processes to make sure they are profitable.”

Otkritie Capital is the investment banking arm of Otkritie Financial Corporation, which was established in 1995. The company has offices in New York, London, Frankfurt, Cyprus and Moscow (with plans to open an Asian office in 2012).


In Depth

Q&A: Schroders’ Forest Discusses Multi-Asset Investments On Eve Of U.S. Launch

Jul 17 2014 | 8:05am ET

Global investment manager Schroders has $446 billion in assets under management, $...

Lifestyle

Einhorns Busts At WSOP, Finishes In 173rd

Jul 15 2014 | 10:48am ET

Greenlight Capital founder David Einhorn’s World Series of Poker won’t end at...

Guest Contributor

Common Risk Parity Misperceptions

Jul 16 2014 | 11:02am ET

Over the past few years, risk parity has become a component of most investors’...

 

Sponsored Content

    Northern Trust Helps Hedge Funds Navigate Derivatives Regulations

    Jul 8 2014 | 10:48am ET

    The surge in derivatives regulation is among the most complex challenges facing the financial services industry today. Northern Trust’s Joshua Satten recently spoke with FINalternatives to share insights into the challenges presented by new regulation and explore how the industry is responding. Read more…

Publisher's Note