Commentary

Robert Schuessler
Traders Magazine Online News

A Smarter Monkey

In this contributed piece, TIM noted that some traders do better than others when using data that has been run through certain analysis - that is, have used some form of machine learning to assist them.

Traders Poll

In his first public speech, SEC Chair Jay Clayton deviated from his prepared remarks and offered his own "off the cuff" comments on market issues. Do you like this change of pace?




Free Site Registration

April 1, 1999

Fast Track

By John A. Byrne

Traders Magazine announced the promotion of Kelli Murray to North American sales manager. Murray was previously an advertising sales representative. She will continue to report to associate publisher Paul Sasseville.

Marnie Tetzlaff joined the advertising department at Traders Magazine as a sales representative. Tetzlaff was previously with New York's BNY ESI & Co., where she worked as a sales trader. She will also report to Sasseville. The promotion of Murray and the hiring of Tetzlaff follow the recent retirement of Linda Peri from the advertising staff of Traders Magazine.

USCC Trading recently hired nine senior equity traders for the firm's Jersey City trading department. The firm, which makes markets in 3,200 stocks, now has 48 senior equity traders and six sales traders.

Of the nine new senior equity traders, six were trading on New York equity desks: Jennifer Davis at Dominick & Dominick, Jennifer Iannucci at BNY ESI & Co., Robert Merino at United Growth, David O'Neil at Furman Selz, Dawn Patterson at Ladenburg, Thalman & Co., and Bill Welsh at Dresdner Kleinwort Benson.

The other three new equity traders were based in Jersey City: Benny Biordi and Rick Frederick at Sherwood Securities, and Chris Taylor at Knight/Trimark Group.

USCC Trading also hired Robert Antolini as a sales trader. Antolini was previously a sales trader at D.E. Shaw & Co.in New York. All new trading employees report to Neil Feldman and James J. Welsh. Feldman is the firm's president, and Welsh is its chief executive. The two co-manage the trading floor.

Mark Schaedel, a former member of Jersey City-based Automatic Data Processing's fixed-income unit, joined the market-data department of the New York Stock Exchange.

* Stamford's Soundview Technology Group hired Sabrina Mckee as an institutional sales trader. Mckee previously served in a similar capacity at Tucker Anthony in Boston.