Goldman Sachs has hired Dustin Kuo, director and head of index arbitrage at Barclays Capital in Tokyo, for its Hong Kong equity derivatives desk. David Voon, managing director and head of equity derivatives at Goldman in Hong Kong, said Kuo is a replacement for Boon Lim, equity derivatives trader in Hong Kong.
Kuo will handle program trading as well as index arbitrage. "We looked through the whole market and Dustin was the best guy out there," said Voon. Kuo, who started last Wednesday and reports to Voon, declined comment. "After 13 years with the firm, [Lim] has decided to study in New York and London," said Voon, commenting on Lim's departure.
At Barclays, Kuo had worked primarily in Hong Kong and was responsible for moving the trading books to Japan late last year (DW, 10/13). He reported to Masahito Tatsumi, head of equity derivatives in Tokyo. Tatsumi did not return calls.
