QRT hires former Radiant World metals trader

## KEY TAKEAWAYS - Qube Research & Technologies (QRT) appointed Adhitya Sethaputra, former head of refined metals at Radiant World, to strengthen its metals trading operation in the Geneva office starting November 2026. - Sethaputra brings deep metals expertise from prior roles as head of aluminium and co-head of refined metals at IXM Holding, expanding QRT's capability in specialized commodities. - QRT and peer multi-strategy hedge funds are aggressively expanding into physical commodities trading, targeting less liquid and specialized regional markets for copper, aluminium, and zinc. - The hire follows the departure of QRT metals trader Dan Timosenko to Millennium Management earlier in 2026, indicating active portfolio restructuring in the metals desk. - Sethaputra's move from Radiant World occurs amid significant pressure on that firm, which faces allegations of using falsified documents to secure hundreds of millions in financing for its iron ore business; Radiant World has denied wrongdoing and implemented job cuts. ## DETAILED SUMMARY Qube Research & Technologies is reinforcing its commodities trading footprint with the appointment of Adhitya Sethaputra, who will join the multi-strategy hedge fund's Geneva office in November following his tenure at commodities trader Radiant World. According to Bloomberg, Sethaputra held the position of head of refined metals at Radiant World, where the base metals operation functioned independently from the firm's iron ore business. His appointment reflects QRT's strategic push into physical commodities as institutional hedge funds increasingly seek exposure to less liquid, regionally specialized metals markets. Sethaputra's background positions him to lead this expansion. Prior to Radiant World, he held senior leadership roles at IXM Holding, including head of aluminium and co-head of refined metals, demonstrating specialized expertise in commodities trading across multiple product lines. This appointment underscores QRT's commitment to building depth in metals trading operations, particularly in segmented markets for copper, aluminium, and zinc where opportunities exist outside mainstream trading venues. The hire also reflects turnover within QRT's metals desk. The appointment comes after metals trader Dan Timosenko departed the fund's London office earlier in 2026 to join Millennium Management upon completion of his non-compete obligation. Sethaputra's arrival signals QRT's intent to maintain and expand its metals trading capabilities despite talent attrition. Sethaputra's departure from Radiant World occurs as the commodities trader faces operational headwinds. Radiant World's iron ore business has become the focal point of allegations that the firm used falsified documents to secure hundreds of millions of dollars in financing. While Radiant World has denied the allegations, the firm has undertaken additional job cuts, suggesting broader operational pressures within the organization. ## DETAILED SUMMARY