ING has named Alex Yang as its new global head of electronic fixed income (eFI) trading.
London-based Yang joins the firm from asset management giant Millennium, where he spent three years as a quantitative researcher, covering systematic fixed income trading, corporate bonds, rates and ETFs.
Prior to this, he also spent a year at Jefferies as head of EMEA credit algorithmic trading, as well as an eight-year tenure at Citi in various roles.
Specifically, during his time at Citi he served as a credit algo front-office developer, as well as in roles spanning eFX automated trading and algo trading.
He began his industry career as a software engineer at UBS Investment Bank.
Yang confirmed his new role in an announcement on social media.
ING had not responded to a request for comment at the time of publication.
Yang’s new role aligns with a recent shake up of ING’s senior leadership team, with David Leech succeeding Gary Prince as global head of FX trading last week.
Leech initially joined ING in 2016 as a senior FX forwards trader, before later being promoted to head of FX UK in 2023.