PARIS--(BUSINESS WIRE)--Piper Sandler Companies (NYSE: PIPR), a leading investment bank, is pleased to announce the launch of equities trading in Europe and has opened a new office in Paris.Ben Allen, head of sales and trading for Piper Sandler Europe, will lead the Paris office, where the firm has appointed two strategic hires to further strengthen its European expansion.
Louis Renaudie joins as senior equity sales, bringing extensive institutional equities experience. Most recently, he contributed to building BNP Paribas’ U.S. and international equities distribution business in Paris. Louis Carpentier joins as a senior equity sales-trader, having worked previously in global equity trading at Edmond de Rothschild. Prior to that, he helped develop Société Générale Private Banking France’s cross-asset order-flow business.
“We are excited to broaden our reach and offer our leading U.S. equities franchise to European clients. This marks a significant milestone in our global equities strategy as we now have approval to trade equities for European clients and better serve them with a full range of capabilities. At the same time, the demand for our industry-leading U.S. equity research and execution capabilities continues to grow internationally,” said Deb Schoneman, president at Piper Sandler.
Through Piper Sandler Europe, the firm has received regulatory approval in France for equities trading and has secured passporting rights across Europe. The Piper Sandler equity research platform is consistently ranked among the top 10 investment banks in the world for the largest coverage universe of U.S. equities, according to Thomson Reuters’ Starmine. In the 2025 Extel U.S. Equity Trading Study (formerly known as the Institutional Investor Research Survey), Piper Sandler was voted by the buyside as the #1 small and mid-cap liquidity provider.
“We are incredibly proud to establish our equities trading presence in Paris. This approval is a critical step in our broader European expansion. We look forward to providing our European clients with seamless access to our equity sales and trading teams, while continuing to distribute our top-ranked equity research,” said Ben Allen.
As part of the European expansion plan, Piper Sandler has hired a total of eight sales and trading professionals. Last year, the firm opened an office in Zurich, Switzerland led by experienced industry veterans, Alex Molloy, Vincenzo Pescuma and Luigi Colazzo.
ABOUT PIPER SANDLER
Piper Sandler Companies (NYSE: PIPR) is a leading investment bank driven to help clients Realize the Power of Partnership®. Securities brokerage and investment banking services are offered in the U.S. through Piper Sandler & Co., member SIPC and NYSE; in the U.K. through Piper Sandler Ltd., authorized and regulated by the U.K. Financial Conduct Authority; in the EU through Piper Sandler Europe SAS, an investment firm authorized by the Autorité de contrôle prudentiel et de résolution and regulated by the Autorité des marchés financiers, and Aviditi Capital Advisors Europe GmbH, a tied agent of AHP Capital Management GmbH, authorized and regulated by BaFin; and in the Abu Dhabi Global Market through Piper Sandler MENA Ltd., authorized and regulated by the ADGM Financial Services Regulatory Authority. Alternative asset management and fixed income advisory services are offered through separately registered advisory affiliates.
A regulatory permission that lets a financial firm or fund authorized in one jurisdiction offer services or sell products in another jurisdiction without getting a full new license there. Like a travel passport for businesses, it simplifies cross-border access and determines which regulator supervises the activity; that matters to investors because it affects where a company can operate, the rules that apply, and the ease of reaching customers in other markets.
cross-asset order-flowfinancial
The pattern and volume of buy and sell orders that a trading desk or market participant sends or receives across different asset classes—such as stocks, bonds, currencies, commodities and derivatives—and how those orders interact. Like watching traffic move between highways, cross-asset order-flow shows where demand is shifting, which helps investors and market makers read market sentiment, measure liquidity and understand how price moves in one market can influence others.
liquidity providerfinancial
An entity that stands ready to buy and sell a security so trades can happen smoothly, acting like a shop that keeps items on the shelf and will both sell to customers and buy back stock. For investors this matters because such participants narrow the gap between buying and selling prices, make it easier to enter or exit positions quickly, and help prevent large, sudden price swings.
