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Macquarie continues delta one expansion

06 August 2010

Macquarie Securities, the equities division of the Australian banking group, has hired Richard Sansaricq as head of delta one and synthetic prime brokerage sales.

Read more: Macquarie Securities Richard Sansaricq

Sansaricq will lead a team of nine in New York, London, Hong Kong and Sydney.

Delta one indicates derivatives or securities whose prices move more or less in line with those of their underlyings, such as futures, ETFs and index products – but not options.

Sansaricq worked most recently for Chicago broker Fox River Execution, where he was head of algorithmic sales. In a 20 year career, he has held senior positions at Abbey National, Credit Suisse and Lehman Brothers.


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