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
