Ralf Donner is Global Head of Client FX Algo Execution at Goldman Sachs, responsible for the firm’s FX algorithmic execution offering, pre- and intra-trade liquidity and transaction cost analytics, and post-trade reporting. Ralf started his professional career at ABN Amro in 2006 as an FX options quant, followed by 8 years with Morgan Stanley in London and New York, first in model validation of options pricing models and then in quant sales, focusing on systematic FX trading strategies and FX market microstructure. From 2014-16 he ran Morgan Stanley’s QSI team in New York. Ralf holds a Masters in physics and a doctorate in theoretical physics from Oxford University.