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2015年的交易技术40:Dan Keegan
#9 Dan Keegan, Head of Equities, Americas, Citi
New regulations and capital requirements and tighter liquidity have major banks rethinking, if not retreating from, international trading businesses. Citi sees an opportunity to gain market share and sustain a competitive advantage by maintaining and leveraging its “global footprint,” saysDan Keegan, the New York–based bank’s head of equities for the Americas. Although not immune to those market pressures, Citi has assembled the technology and infrastructure to “go global and cross-market and be attractive to global clients seeking best execution,” asserts Keegan, 46. In Latin America, he points out, “there are about 30 names with significant liquidity” — stocks that lend themselves to efficient, automated trading. “Our ability to provide continuous markets in 85 names — 60 percent of the overall Latin American market — is huge.” In September, Citi expanded Total Touch, for large-block trading of 3,500 securities that represent $20 billion of “actionable liquidity” in the Americas, to Europe, where it supports 560 symbols and $3.2 billion in liquidity. “We keep investing in tech platforms and trading capabilities to make sure we are a step above,” says Keegan, who joined Citi in 2007 when it acquired Automated Trading Desk, where he was head of institutional equities. “And we continue to push the envelope on innovation.” So important is technology that “it is not a component of my job — it is my job.” But it’s not the only one: Keegan gives equal weight to risk management and to maintaining an open dialogue with regulators on market structure issues: “I want them to think of me as an honest broker.”
See alsoKeegan's profile in the 2013 Trading Technology 40.