Wematch appoints Michael Sabbah to head of equity derivatives
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Wematch appoints Michael Sabbah to head of equity derivatives 22 November 2021UK Reporter: Carmella Haswell
Image: Wematch
Wematch has announced the hire of Michael Sabbah as head of equity derivatives.
Based in London, Sabbah will lead the product and sales team on equity derivatives.
While Wematch鈥檚 immediate development priority lies in meeting its European market needs, the team has ambitions to expand its coverage globally in the near future.
Sabbah鈥檚 vision is to provide all services in this business area that Wematch does not offer currently, from traditional voice brokerage through to intermediation in the era of data and automation.
Bringing 20 years of experience to the role, Sabbah鈥檚 trading expertise encompasses delta one, volatility, dispersion, exotics and systematic trading and these skills will be key to expanding Wematch鈥檚 product offering.
Prior to this role, Sabbah was head of relative value trading, Europe at Morgan Stanley for three years. He also spent 15 years at BNP Paribas, where he was most recently head of short term stock volume trading, Europe.
Speaking on the announcement, David Raccat, WeMatch co-founder and head of EMEA, says: 鈥淲e are thrilled to welcome Michael within our team in London and we are convinced his expertise, reach and innovation will dramatically develop our current equity derivatives franchise.鈥�
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Image: Wematch 