CDC Plucks Equity Trader From French Rival

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CDC Plucks Equity Trader From French Rival

CDC IXIS Capital Markets North America has hired Ed Vartughian, an equity derivatives trader at SG Cowen in New York, in a similar position for its growing New York equity derivatives team. Vartughian, who started late last month, confirmed his move but referred further queries to Vuk Bulajic, head of equity derivatives at CDC in New York. He too confirmed the hire but declined further comment.

Bulajic joined in spring from BNP Paribas (DW, 4/29) and insiders said he is planning to build up CDC's North American equity derivatives presence. At SG, Vartughian reported to Francois Barthelemy, head of equity derivatives in New York, who did not return calls.

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