BestEx Research Names MD
Posted by Colin Lambert. Last updated: March 23, 2022
Algorithmic execution and measurement solutions provider BestEx Research has named Andrew Westhead and managing director of research.
Westhead joins from Graham Capital Management, a firm he joined in May 2020 as director of smart execution. Before that he spent over 11 years at Bank of America, most latterly with responsibility for the quant aspects of the bank’s electronic trading platform, having joined from a five-year spell at Lehman Brothers.
“BestEx Research is committed to advancing algorithmic trading through a research-driven, systematic and quantitative approach to execution,” says Hitesh Mittal, founder and CEO. “In his new role, Andrew will help us continue to lead the industry in the development of high-performance multi-asset execution algos that significantly improve institutional investors’ returns by reducing their execution costs. Andrew’s hands-on research and algorithmic trading experience in futures, FX and equities at both systematic hedge funds and sell-side firms made him a perfect candidate for the role.”
Westhead adds, “I admire the firm’s commitment to providing continually-advancing, highly customisable execution algorithms and analytics for clients across multiple asset classes, and I look forward to working with the team and our clients to deliver on that promise.”