Former Nordea manager to revolutionize trading
Miles Kumaresan’s career took a giant leap when he left his job as global head of trading at Nordea Asset Management to start a new company. Today, London-based Wave Labs, with a small team based in his old hometown of Bergen, is expected to make big changes in fixed income trading.
Camilla Jenkey
When Miles Kumaresan was Global Head of Trading at Nordea Asset Management, he saw that it was quite easy to optimize trading costs in most asset classes by using statistical models and technology. But he also saw how difficult it was to optimize trading costs in fixed income due to the market structure of the fixed income market.
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