New York-based BTIG, a broker-dealing catering to the alternatives space, has hired former Deutsche Bank trader Eddie Benson to help run its expanding European operations.
Benson will serve as managing director and BTIG's head of European salestrading, a newly-created position.
"Hiring Eddie represents a major coup for BTIG," said Matthew Cyzer, president and head of European equities. "Having worked alongside him at Deutsche Bank for many years, I consider him to be, quite simply, the best in the business. His experience, enthusiasm and deep client relationships are unmatched and will be hugely beneficial as we continue to expand our European business."
Benson has three decades of experience as a London-based trader. He began his career at Rowe and Pitman in1981 and after that firm merged with SG Warburg, Benson ran the resulting firm's option floor broking business from 1986 to 1990 and later ran Warburg's European Equity salestrading desk.
Benson joined Deutsche Bank in 1996 to help build their European Equity platform, and until 2005, ran Deutsche's international salestrading team, which at the time was the largest franchise in Europe by revenue. At its peak, Benson had a staff of roughly 200 traders and salespeople reporting to him.