Former Head of QSI Jian Chen Moves from Morgan Stanley to FairXchange
- He also served as a quantative strategist, FX technology-based trading, at RBS earlier in his career
FairXchange, a UK-based data science firm specialising in FX markets, has hired Jian Chen as head of data science earlier this year, according to market sources.
Prior to joining FairXchange, Chen served as a head of quantative solutions and innovations (QSI) at Morgan Stanley.
He had joined the firm in FX quantative strategy and sales in 2012, responsible for quantative signal development and trading, FX market microstructure study and algo design.
Chen became head of QSI at the company four years later.
His career began at RBS in 2006, where he was a senior quantative analyst and head of quantative client strategy technology for almost six years.
In 2011, he took up a role as a quantative strategist, FX technology-based trading, which he left in 2012 to join Morgan Stanley.
FairXchange
FairXchange was established by former Bloomberg and Morgan Stanley e-FX executive Guy Hopkins in 2016.
Hopkins was head of FX electronic trading EMEA at Bloomberg and head of FXEM e-distribution EMEA at Morgan Stanley, responsible for the distribution of the firm’s electronic FX offering.
FairXchange said in a statement on its linked in profile that its guiding principle is that trading FX should be commercially sustainable for all participants, both Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term and sell-side alike.
“We provide state of the art analysis tools that allow you to understand the true cost of your Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term”, the firm noted.
FairXchange, a UK-based data science firm specialising in FX markets, has hired Jian Chen as head of data science earlier this year, according to market sources.
Prior to joining FairXchange, Chen served as a head of quantative solutions and innovations (QSI) at Morgan Stanley.
He had joined the firm in FX quantative strategy and sales in 2012, responsible for quantative signal development and trading, FX market microstructure study and algo design.
Chen became head of QSI at the company four years later.
His career began at RBS in 2006, where he was a senior quantative analyst and head of quantative client strategy technology for almost six years.
In 2011, he took up a role as a quantative strategist, FX technology-based trading, which he left in 2012 to join Morgan Stanley.
FairXchange
FairXchange was established by former Bloomberg and Morgan Stanley e-FX executive Guy Hopkins in 2016.
Hopkins was head of FX electronic trading EMEA at Bloomberg and head of FXEM e-distribution EMEA at Morgan Stanley, responsible for the distribution of the firm’s electronic FX offering.
FairXchange said in a statement on its linked in profile that its guiding principle is that trading FX should be commercially sustainable for all participants, both Buy-Side Buy-Side The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim The buy-side is comprised of firms in the financial industry that purchase securities and are accompanied by account investment managers, pension funds, and hedge funds.The buy-side is composed of those that buy and invest large sums of securities with the intention of generating a lucrative return or have their funds managed. The Buy-Side ExplainedIn terms of Wall Street, the buy-side includes investment institutions that purchase securities, stocks, or other financial instruments with the aim Read this Term and sell-side alike.
“We provide state of the art analysis tools that allow you to understand the true cost of your Execution Execution Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Execution is the process during which a client submits an order to the brokerage, which consequently executes it resulting in an open position in a given asset. The execution of the order occurs only when it is filled. There is typically a time delay between the placement of the order and the execution which is called latency.In the retail FX space, reliable brokers always strive to deliver best execution to their clients in order to maintain a solid business relationship with them. This is a co Read this Term”, the firm noted.