Laurent Gaillard

Work History

Work History
Sep 2007 - Sep 2008

Senior Proprietary Trader
  • Set up in 2006, the aim of the prop group was to generate income from non-customer facing activities, thus diversifying the revenue sources of the Global Market Division.
  • Within this framework, I ran a personal portfolio of diversified trades with a focus on Fixed Income, Foreign Exchange and Commodities. A full spectrum of G10 and liquid Emerging currencies was covered.
  • Strategies included global macro, relative value, volatility, spread and directional trades on exchange traded or OTC products.
Dec 2005 - Jul 2007

Regional Head of Interest Rate Derivatives

Standard Chartered Bank
  • Managed a team of 6 traders based in London focusing on G10 and Emerging Markets Interest Rate Derivatives.
  • Monitored on a daily basis the individual positions, the global desk risk, the accuracy and competitiveness of pricing. Also ran a proprietary trading/arbitrage book and provided coverage for each trader.
  • Leveraged on our established franchise and local presence in Africa to spot opportunities and develop new currencies and products. Successfully executed a few IRS and CCS transactions in BWP, UGX, KES, GHC...
  • Contributed to the global e-commerce strategy of the Bank : aggressive pricing has lead to a steady increase in SCB’s market share on various multi-contributors portals (FXAll, Currenex...).

Under my leadership, headcount has been reduced drastically (down 40%), the desk has been reorganised to leverage on the Bank’s and individuals strengths, revenue sources have been diversified and global profitability has been up 53% year on year

Sep 2003 - Dec 2005

G10 IRD Trader

Standard Chartered Bank
  • Joined as a senior trader to help establishing scale in G10 markets. Introduced new trading tools within the desk (butterflies, OTC options, systematic trading...), trained junior staff and raised the profile of the entire team.
  • Developed short term activities and contributed to the building up of an integrated STIRT desk.
Jul 1996 - Aug 2003

Euro Short End Derivatives Market Maker

  • Managed the EONIA and EURIBOR swaps book : fixings hedge, swaps/futures spreads, curve and outright position-taking. Increased profitability of the activity by 25% each year and brought Natixis among the most active European banks in the EONIA swaps market.
  • Introduced the first live interest rate swaps quotations to the customers through e-treasury, a website developed by the bank.
Nov 1994 - May 1996

Fixed Income and Money Market Trader

Société Générale Bank & Trust
  • Along with a senior dealer, was responsible for the treasury management in FRF. Acquired excellent knowledge of money market instruments : loans & deposits, repos, CPs, swaps, futures.


Sep 1993 - Jun 1994

Master DESS 203

Université Paris IX Dauphine

MsC in Mathematics, Commodities and FinancialMarkets. Studied all the major topicsrelated to Fixed Income, Securities and Derivatives Markets : legal and operating rules, international economics, option theory, financial analysis and engineering, portfolio and risk management theory.

Sep 1989 - Jun 1990

Lycée Ampère

Post secondary program leading to the nationwide competitive exams for admission to a graduate-level business school (« Grandes Ecoles »).


Baccalauréat Serie C with Honours

Lycée Saint Exupéry




Excel, VBA, E-Views, Summit, Murex, Bloomberg and Reuters API


I am a Financial Markets specialist with strong expertise on Derivatives in G10 and Emerging Markets. I have more than 10 years experience in trading Foreign Exchange, Money Market, International Fixed Income and Commodities on both the Franchise and Proprietary sides.

My areas of expertise also include team management, staff training accross organisations, as well as captaining clients specific hedging projects.

I earned an MsC in Finance and Mathematics in Paris back in 1994. After graduation I spent 7 years in Paris at Société Générale and Natixis before relocating to London to join Standard Chartered.

I am married to Latifa and have been living in London for the past 5 years.


Sporting activities including Polo (HPA -2, umpire grade C), Golf (Hcp 24), Squash and Skiing.

Personal interest in Oenology.