Quantitative Brokers (QB), a provider of advanced execution algorithms and data-driven analytics for global Futures, Options, and OTC Fixed Income markets, today announced that David Kalita has been named Chief Executive Officer.

The appointment is effective immediately and Mr. Kalita will be based at the firm’s New York headquarters. He succeeds QB CEO and Co-Founder Christian Hauff, who stepped down at year-end 2023 and remains on the Board of Directors.

“I am proud to lead an organization focused on providing research-driven trading solutions that reduce transaction costs, handle complex structures, measure trade execution performance, and boost workflow efficiencies,” said Mr. Kalita. “I look forward to working closely with our clients and talented team to roll out new offerings while enhancing the value that we deliver to the market.”

Mr. Kalita joins QB after more than a decade at Bridgewater Associates, where he was most recently Head of Product Management in Trading. Prior to that role, he was Head of FX, Futures, and Equities Execution.

He holds a Master’s in Finance from Princeton University and a Bachelor’s of Science in Economics and Mathematics from the University of Michigan.

QB was founded in 2008 by Mr. Hauff and Dr. Robert Almgren, who continues as Chief Scientist. In 2020, Deutsche Börse acquired a majority ownership position in QB.