Mr Hill has more than 17 years of industry experience, including seven years at Deutsche Bank, where he was most recently North American head of emerging markets cash equity trading. Before Deutsche Bank, he was a director and senior trader for developed Europe and emerging markets at ING Barings, where he spent six years.

Andrew Shortland, head of international equities at Jefferies, said: “We are pleased to have Mr Hill lead our Latin American trading effort as he further extends the scope of our global equity franchise. Latin America is a very important market for our business, and this enhanced focus demonstrates Jefferies’ commitment to strengthening our international equity platform to better serve our clients.”

Mr Hill said: “Jefferies’ established leadership in equity sales and trading, coupled with its broad and innovative product offering and full-service equities platform, were key factors in my decision to join the firm.”