Caxton Associates Onboards Morgan Stanley Algo Whiz Selim Adyel

Finance Magnates learned on Monday morning that a leading algo-trader has left Morgan Stanley to join hedge fund Caxton Associates. Selim Adyel takes up his new role after spending around three years at the American investment bank.

In his new job at Caxton Associates, he will be working as a Quantitative Analyst. Publicly available information on Adyel’s LinkedIn profile indicates that he will be analyzing the hedge fund’s global macro strategy.

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As noted, Adyel joins Caxton Associates after over three years with Morgan Stanley. He joined the American investment bank back in 2015 as an analyst in the firm’s algorithmic trading division.

After just over a year in that role, he was promoted to become an associate – also in the algorithmic trading department. Adyel spent his last two years with Morgan Stanley in that role.

From Rothschild to Caxton Associates

Prior to joining the American investment bank, Adyel had some short stints at a few major institutions. In 2012 he spent seven months in LCF Rothschild’s investment banking division, specializing in mergers and acquisitions.

Following that, Adyel spent another seven months in London, working for Japanese firm Nomura International, in their equity derivatives trading division. It was there that he began working in algo-trading.

Looking at cash equities and cross-assets, Adyel did research, performed data mining and worked on the development of Nomura International’s algo-trading capabilities.

After taking a break from work to pursue a master’s degree in financial engineering from the Swiss Federal Institute of Technology Lausanne, Adyel had another seven-month stint with a major firm – this time UBS – in 2015.

Working on multi-asset exotics derivatives trading, Adyel worked with the Swiss bank to finish his master’s thesis, looking at structured products pricing and risk modeling. It was after leaving UBS in Summer of 2015 that Adyel then joined Morgan Stanley.