Peter Holowka will report to Troika’s head of FICC Maxim Safonov, and will be responsible for developing the company’s e-FX trading strategy and, in turn, the FICC team’s global offerings. Holowka’s hiring at Troika is part of the Russian company’s integration process with Sberbank, after it acquired Troika Dialog in January for $1.4 billion.
Holowka joined UniCredit in 2007 where he worked for five years managing the development and deployment of the bank’s system for online FX trading and options, including price generation and algorithmic trading development for auto hedging within a high-frequency trading environment.
Before his time at UniCredit, Holowka worked for a number of banks in a variety of FX-related roles, including in New York, London and Tokyo for Morgan Stanley from 1986 until 1996 in FX sales and trading.
“We have made a number of senior additions to the [Troika FX] team recently, and Peter’s appointment will be invaluable,” says Safonov.
“His extensive knowledge and depth of experience in these markets will be instrumental in our commitment to providing clients with the best e-FX trading proposition for the Russian and CIS market.”