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  3. Marex onboards McDonald to prime brokerage team
Industry news

Marex onboards McDonald to prime brokerage team


29 July 2025 US
Reporter: Carmella Haswell

Generic business image for news article
Image: Marex
Marex has appointed Patterson McDonald to the firm鈥檚 expanding prime brokerage and outsourced trading sales team.

Based in New York, he will work closely with hedge funds and asset managers to deliver solutions that support their business and trading objectives, enhance operational efficiency, and enable long-term growth.

McDonald brings over 20 years of experience in financial services in which he has held senior roles in trading, technology, and institutional sales.

Throughout his career, he has had a core focus on equities, options, commodities, and FX in global markets.

鈥淚鈥檝e been lucky to see this industry from a few different angles over the years, and I鈥檓 looking forward to putting that experience to work in a new role,鈥 says McDonald.

He joins the firm from a full-service investment banking and capital markets company, Jefferies, where he has been senior vice president for the last five years.

In this role, he focused on outsourced trading and relationship management for some of the group鈥檚 top accounts, as well as prime sales for new launch hedge funds.

Previously, McDonald was director of Eze Software Group, where he helped clients maximise use of current and prospective Eze products.

He spent the early part of his career as a trader, progressing to head trader roles at hedge funds Incline Global Management and Signpost Capital.

The new hire follows a series of strategic appointments to Marex鈥檚 prime services and outsourced trading team over the past few weeks.

Recently, Serhan Eryuksel joined the team in London; Charlie Monson was appointed to the team in Dubai, and Rebecca Kim (Smithurst) was announced as the first prime services team hire in Singapore.

Commenting on the news, Bobby Croswell, co-head of Americas prime brokerage sales, outsourced trading and capital introduction at Marex, says: 鈥淲e are seeing a surge in demand globally, and we are growing to meet it.

鈥淧atterson brings a rare combination of experience across trading, technology, and institutional sales 鈥 having held head of trading roles, director at a trading technology provider and, most recently, senior vice president at Jefferies.

鈥淗is cross-functional insight means he understands the full trading lifecycle from multiple vantage points 鈥 helping clients identify opportunities, navigate complexity, and stay ahead of what鈥檚 next.鈥
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