TD Boosts Nascent Equity Desk

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TD Boosts Nascent Equity Desk

TD Securities has hired an equity derivatives trader and marketer to bolster its nascent Asian equity derivatives desk in Japan. Yutaka Yogi, equity derivatives trader at CIBC World Markets in Tokyo, and Nobuyuki Kurauchi, equity derivatives marketer at Nikko Citigroup in Tokyo, have joined in similar roles. Kurauchi and Yogi declined comment.

The duo report to Adrian Brindle, managing director in equity derivatives in Japan. Brindle joined in April to set up the desk, he was previously Asian head of equity derivatives trading at Commerzbank in Tokyo.

At CIBC, Yogi reported to Akihiro Oshima, branch manager in Tokyo. Oshima did not return messages. At Nikko Citi, Kurauchi reported to Hiroshi Wakutsu, managing director and head of equity derivatives in Tokyo. Wakutsu was traveling and could not be reached.

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