Valdene Reddy (JSE)
Director: Capital Markets
Valdene Reddy is the Director of Capital Markets. In this capacity she is responsible for all primary and secondary market activity across all asset classes, as well as Issuer Services. This includes the sourcing of new debt and equity primary issues, the development and on-going management of all secondary market trading in cash and derivative markets (Equities, Bonds, Interest Rates, Commodities and Currencies), and new product and market development across Capital Markets.
Valdene’s career spans over 15 years across various financial institutions.
She began her career in 2005 at the Bank of America Merrill Lynch where she worked in equity sales and trading, focused on covering local institutional clients. A year later, she moved onto their derivatives desk, where she focused on a vast span of equity-linked derivative products, facilitating the sales, structuring and trading of these instruments with local and foreign clients. The product universe included marketmaking and sales in standard and custom index futures and options, various other delta 1 instruments such as swaps, futures and forwards, and complex non-linear, derivative structures.
Thereafter, Valdene moved to Renaissance Capital as Head of Equity Derivative Sales, strategically leading the change from a broking to market-making model, across listed equity derivative products. The client coverage universe was primarily servicing institutional clients which included time on the Renaissance Capital International desk covering SA, Russian & other African markets.
For the past 5 years, Valdene has been at the JSE, previously as Head of Equity & Equity Derivatives within the Capital Markets division. In this role, her primary focus was building and leveraging services and relationships across JSE clients (member firms, institutional and retail investors, brokerages and banks) to enhance and develop new products and offerings within the Equity & Equity Derivatives markets. Valdene graduated with a Bachelor of Business Science, Actuarial Science degree from the University of Cape Town.