Football
Will Drake
Equity Trader
Summary
Equity trader with 7 years of experience at global long-only, hedge fund and investment bank. Knowledgeable of algorithms, program trading, block trading, market microstructure and regulatory issues.
Overview
8
8
years of professional experience
4
4
years of post-secondary education
Work History
Vice President of Equity Trading
AllianceBernstein
04.2022 - 04.2025
- Deliver low cost execution aligned with objectives and intentions of portfolio managers. Manage implicit impact costs across all channels – high touch, low touch and program – across geographies and instruments.
- Provide bespoke trading strategy recommendations for specific portfolio situations including cash flows, product transitions, liquidations and basket trades.
- Manage broker-dealer relationships to ensure best-in-class market intelligence and liquidity from our sell-side coverage.
- Co-chair of APAC ChatGPT working group, brainstorming ideas to leverage technology in our workflows and increase productivity. Tools developed from recommendations include utilising AI to summarise bull and bear cases for stocks.
- Additionally, for analysts to upload multiple sell-side research reports and ask ChatGPT questions.
- Provide market and stock specific market intelligence to investment teams, tailoring information flow to meet needs of portfolio managers.
- Maintain an up-to-date knowledge of market structure and regulatory issues.
Prime Brokerage Middle Office Analyst
Barclays
01.2021 - 04.2022
- Responsible for trade life cycle management of equity and fixed income trades. Managed and communicated client needs, liaising with settlements, counterparties, stock lending and repo desks.
- Served as single point of contact for client queries relating to trade feeds, prematching, fails, position reconciliation and post settlement amendment. Performed root cause analysis to increase straight-through processing and reduce client queries.
- Automated booking amendments at client trade file import, increasing straight-through processing and saving USD 32k annually.
Event-Driven Analyst
ION Group
12.2019 - 08.2020
- Authored market commentary and reports for hedge funds highlighting upside potential and deal risk in event-driven situations including takeovers, spin-offs and corporate reorganisations. Conducted financial analysis, examined comparables and precedent transactions to estimate intrinsic value.
- Oversaw precedent deal database, captured data from corporate documents and stock exchange filings. Handled queries from internal and external stakeholders relating to precedent mergers and acquisition data.
Trader
Forchn Asset Management
01.2017 - 09.2019
- Executed cash equity, ETF and index futures trades for a hedge fund. Leveraged knowledge of algorithmic trading and market microstructure to advise portfolio managers on implementation of trading strategies.
- Built quantitative models to generate trade ideas. Analysed buybacks, earnings momentum, earnings revisions, index inclusions, price momentum and 52 week highs.
- Gathered, analysed and disseminated market, sector and security news to portfolio managers. Tracked and alerted portfolio managers to corporate actions and earnings release dates.
Education
Bachelor - Economics and Finance
The University of Hong Kong
01.2012 - 01.2016
Skills
- Bloomberg EMSX
- Portware
- Refinitiv REDI EMS
Interests
Kayaking
Timeline
Vice President of Equity Trading
AllianceBernstein
04.2022 - 04.2025
Prime Brokerage Middle Office Analyst
Barclays
01.2021 - 04.2022
Event-Driven Analyst
ION Group
12.2019 - 08.2020
Trader
Forchn Asset Management
01.2017 - 09.2019
Bachelor - Economics and Finance
The University of Hong Kong
01.2012 - 01.2016
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