12 February 2018
Renaissance Capital establishes Algorithmic Trading Unit to meet growing client demand

The Firm aims to boost its trading business capabilities

Moscow, 12 February 2018 - Renaissance Capital, a leading emerging and frontier markets investment bank, today announces the establishment of an Algorithmic Trading Unit to meet growing client demand and capitalise on market opportunities. The new business function will be jointly led by co-heads Grigory Isaev, who joins the Firm as a Director, and Ruslan Rezhepov, Director.

The Algorithmic Trading Unit will be part of the Firm’s existing derivatives business, overseen by Roman Sarychev, Managing Director, Global Head of Trading. The newly established unit will leverage Renaissance Capital’s wide-ranging experience and global markets expertise to further service its clients through execution.

Grigory Isaev has a well-established track record of setting up and executing systematic trading strategies. Recently, he was Head of Trading at Znamenka Capital, a quantitative proprietary trading firm, and has advised on several successful quantitative hedge funds. Prior to that, Grigory worked at Troika Dialog (subsequently Sberbank CIB) for eight years, where he was Head of the Delta One Trading Desk, responsible for trading and market making in a wide range of delta one products. Grigory has an MSc in Applied Mathematics and Economics from the Moscow Institute of Physics and Technology. He is a Certified Financial Analyst (CFA) and qualified in Quantitative Finance (CQF).

Ruslan Rezhepov is currently a derivatives trader at Renaissance Capital. He has been with the Firm for 10 years and is responsible for equity derivatives delta one products, exotic non-linear structures, and facilitation of our current algorithmic execution platform. Ruslan has an MSc in Financial Markets from the Higher School of Economics and a degree in Information Technologies from Moscow Engineering Physics Institute.

Roman Sarychev, Managing Director, Global Head of Trading, Renaissance Capital commented: "We are very excited to enhance our client execution offering with a sophisticated product to take advantage of the opportunities arising from the global financial markets volatility. We are very pleased with the hire of Grigory Isaev, a seasoned professional, and believe the newly formed team under his and Ruslan’s leadership is well placed to further develop our existing platform, complemented by our extensive experience in global markets.”