BlueCrest parted company with an array of senior macro traders hired from banks
As we reported a few weeks ago, people have been leaving BlueCrest, the family office of the legendary macro trader, Michael Platt.
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These exits are thought to include Ben Turner, the 26 year-old ex-Barclays sterling rates trader who only became a BlueCrest partner on May 1st and whom insiders say was a recent favourite of the firm. The exits also include several other senior macro traders hired relatively recently from banks.
Josh Hooker, Deutsche Bank's former head of STIR trading, who joined BlueCrest three years ago, is thought to have gone.
We have not spoken to Hooker to confirm his exit and BlueCrest has not responded to requests to comment. However, Hooker was 'terminated as a member' of the firm on Monday according to a filing with Companies House. The FCA Register shows him leaving on the same date.
Francois Puget is also thought to have gone. Puget left BlueCrest's UK entity on October 6th according to the FCA Register. Puget joined BlueCrest in November 2025 and was previously at BNP Paribas for 30 years. He was latterly the French bank's head of G10 rates for Europe. Puget didn't respond to a request to comment.
Eelis Niemelainen, a former MD in EUR rates trading at UBS, also left BlueCrest's UK entity on October 6th according to the FCA register and also didn't respond to a request to comment.
It's thought there may be several other exits too. The reason for the departures is not clear.
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