BoA Merrill hires Asia e-trading sales head

In a further indication that banks are ramping up their electronic trading capabilities in the region, Bank of America Merrill Lynch has hired Gabriel Butler as head of Asia-Pacific electronic trading sales in Hong Kong. In his newly created role, Butler reports to Mark Wheatley, Tokyo-based head of Asia-Pacific electronic trading, and Andy Maynard, head of Asia-Pacific equity flow sales in Hong Kong. Butler previously spent seven years at agency brokerage and technology provider IT…