As part of a strategy to revamp its global trading platform, in January Morgan Stanley Investment Management (MSIM) hired Robert Shapiro as executive director of trading and execution analysis. Shapiro reports directly to Ray Tierney, global head of equity trading.
In his new position, Shapiro will work closely with Tierney on matters that will optimize MSIM's global trading infrastructure, such as trade analytics, technology, execution strategy, relationship development and transaction measurement, according to a spokesperson for MSIM. Shapiro's mandate is to develop MSIM's global trading best practices and procedures, an integral component of Tierney's strategic initiative to revamp MSIM's global trading platform, added the spokesperson.
Shapiro joins MSIM from Abel Noser, where he served as SVP of advanced trading strategies. The agency broker provides TCA to pension sponsors and investment managers to help buy-side firms optimize their trading styles. Prior to that, Shapiro was head trader at Iridian Asset Management. Ivy is Editor-at-Large for Advanced Trading and Wall Street & Technology. Ivy is responsible for writing in-depth feature articles, daily blogs and news articles with a focus on automated trading in the capital markets. As an industry expert, Ivy has reported on a myriad ... View Full Bio