Institutional fund manager QIC has hired former Austock Securities (Austock) manager Chris Claridge as head of equities dealing.
Claridge ran Austock's Brisbane office and has also worked as a trader for Macquarie Equities and Citigroup.
He specialises in portfolio trading and derivatives.
"Chris is one of the most experienced trading desk professionals in Australia," QIC Head of Australian Equities Simon Hudson said.
"His in-depth expertise with derivatives will be a highly valuable resource in our after-tax management strategies."
Claridge is the second hire for QIC in as many weeks.
On October 1 it snatched Axa Rosenberg veteran Bill Prendergast to manage its global fixed income beta portfolio.
QIC is one of Australia's largest institutional fund managers with more than $60 billion under management.