NEW YORK--(BUSINESS WIRE)--Barclays announces the appointment of Chris Leonard as Managing Director, Head of US Rates Trading.
Mr. Leonard joins Barclays from Arcem Capital, a global macro and fixed income hedge fund he founded in 2012. The fund employed G10 FX and interest rate strategies, raising more than US$600m in its first year of operations. Prior to founding Arcem Capital, in 2005 Mr. Leonard co-founded Alphadyne Asset Management, a hedge fund employing global macro and fixed income strategies whose assets under management grew to US$2bn during his time there.
Mr. Leonard started his career at JPMorgan in 1995, progressing through positions in risk metrics, proprietary trading, and then various roles in fixed income trading. He became one of JPMorgan’s youngest managing directors, and head of the New York interest rate swaps and options trading business. In addition to leading the team, Mr. Leonard managed both proprietary and client-facing risks across interest rate swaps, options and bonds.
Nat Tyce, Co-Head of Macro Products at Barclays, said: “Chris has a decade of experience on each of the sell-side and buy-side, and brings with him an exceptional breadth and depth of knowledge of the global macro business. Chris’s hire is intended to accelerate our progress in US Rates, helping us optimise commercial risk, build closer partnerships with our clients and grow revenues and market share.”
Mr. Leonard graduated magna cum laude from Princeton University in Mechanical Engineering.
Barclays is a transatlantic consumer, corporate and investment bank offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US. With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 120,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide. For further information about Barclays, please visit our website home.barclays.