Morgan Stanley has boosted its low-touch trading capabilities with the hire of Zach Tuckwell as head of electronic and programme trading distribution in Hong Kong. Starting in January, he will be responsible for Asia, including Australia and Japan.
Tuckwell replaces Scott Field-Marsham, who was appointed Asia chief operating officer for equities earlier in the year, a post vacated by Scott Gaynor, who has joined the firm's regional management team. Field-Marsham and Tuckwell report to David Russell, Asia head of equity in Hong Kong.
A 20-year market veteran, Tuckwell was previously head of programme trading, direct market access DMA and algorithmic trading sales for Asia ex-Japan at Deutsche Bank in Hong Kong....