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Anna Ash

Anna Ash

Multi-asset trader with proven expertise across rates, FX and equities

London, Greater LondonMember since September 13, 2023
Statistical arbitrageVaR calculationsStress testingKalman filtering
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About

Multi-asset trader with proven expertise across rates, FX and equities, encompassing cash and derivatives. Specialises in macro-driven and statistical arbitrage strategies.

Experience

Sales Trader (FX Derivatives) - Spectra FX Solutions - London

(2024-09 - 2025-05)

  • Macro-focused trade structuring and execution within FX exotics on behalf of institutional and hedge clients including a personal client base representing c. $42bn in AUM
  • Applied cross-asset macro insights from rates and STIR markets to inform FX volatility positioning and structuring
  • Execution of all trades in-house, including systematic portfolio rebalancing and Greeks hedging
  • Conducted regular risk analyses including VaR calculations, stress testing, and P&L analysis
  • Managed a team of 5 to build a proprietary automated volatility pricing model to cross-check LP pricing
  • Wrote a daily volatility analysis note and weekly macro piece distributed to all clients

Execution Trader - Outset Global - London

(2022-03 - 2023-03)

  • Trading across cash equities and derivatives, including interest rate futures and options, and FX options, for institutional clients
  • Executed listed futures strategies across rates markets alongside OTC products, optimizing execution across venues and liquidity conditions
  • Provided high-quality market coverage and analysis, including earnings, rating changes and other key developments affecting valuation tailored to the needs of PMs

Trader (Portfolio Manager) - Tradelink Capital (DV Trading) - London

(2018-09 - 2022-01)

  • Set up and managed a multi-asset derivatives book with a core focus on G10 rates and STIRs, actively trading listed futures and options (DMA) using systematic cointegration-based statistical arbitrage and tactical macro strategies
  • Executed RV strategies across listed rates futures and options, including curve, fly and spread trades across STIR complexes
  • Actively traded and managed risk in options and futures, incorporating volatility, skew and convexity into positioning
  • Developed systematic signals by using Kalman filtering and carry/roll frameworks
  • Managed delta-neutral and gamma-sensitive portfolios, with continuous adjustment to macro regime shifts
  • Consistently achieved a Sharpe ratio above 2 while scaling AUM

Education

MSc - Banking & Finance - King's College London (2018)

BA (Hons) - International Business & Finance - European Business School London (2017)

Exchange Semester - Economics - Moscow State University (2015 - 2015)

Skills

FX and equities

Reviews