New destination for an old officer of JPMorgan

While Wells Fargo Insurance Services Inc. is hiring a new employee, JPMorgan is dispatching its global head of algorithmic trading, Carl Carrie, on a gardening leave.

Working for 7 years with JPMorgan, Carl Carrie managed algorithmic market making as well as Neovest, the bank's wholly owned software subsidiary.

Meantime Carrie has also been a board member or advisor to several outfits in which JPMorgan has invested, including the Boston Stock Exchange, Bats, Ise and Tradeweb.

Being very excited about his new position, Carrie however refused to disclose his next destination.