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Traders Magazine, June 1999

John A. Byrne

U.S. Bancorp Piper Jaffray recently hired three Nasdaq market makers - David Lee, Chad Grochowski and James Keelin - for its Minneapolis-based trading desk. Lee and Grochowski joined the firm from John G. Kinnard & Co. in Minneapolis. Keelin was previously a market maker at Miller, Johnson & Kuehn in Minneapolis. The firm also hired Brett Alber as a sales trader. Alber was previously a sales trader at Deerfield, Ill.-based Vector Securities. Lee, Grochowski, Keelin and Alber all report to Tony Cecin, head of equity and institutional trading at Piper Jaffray.

Kristen Fendelander joined the equity capital-markets department of Piper Jaffray as a dedicated trading-technology officer. Fendelander, who also reports to Cecin, was formerly a project manager at Automated Securities Clearance Corp. in Weehawken, N.J.

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