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UBS Picks Public Distribution Trading Head

UBS has appointed Rainer Ruecker as managing director and head of its new public distribution trading team.

    UBShas appointedRainer Rueckeras managing director and head of its new public distribution trading team,Risk.netreports. He will handlethe newly created part of the Swiss bank’s equity structuring team, which will sit across all the bank’s regional desks quoting equity derivatives products to exchanges and exchange-like venues.

    He will be based in Zurich. Ruecker has previously worked withCitiandCommerzbank. Additionally, the bank has also hiredMichael Ilg,Sebastian SchmidtandJohannes Murkenfor handling new German market initiatives.

    Click here for the story fromRisk.net.

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