First Union Shifts Nasdaq Operations to Baltimore: Ex Alex. Brown Traders For First Union Office
Traders Magazine, June 1999
Utilizing the turnover in the Deutsche Banc Alex. Brown trading department, First Union Capital Markets opened a Nasdaq trading desk in Baltimore - staffed entirely by former Alex. Brown employees.
In all, Richmond-based First Union hired three Nasdaq traders, five sales traders and three institutional salespeople from Baltimore-based Alex. Brown. When the new office opens this month, First Union will transfer all Nasdaq trading operations to Baltimore.
All TradersMagazine.com articles are archived after 7 days. REGISTER NOW for unlimited access to all recently archived articles, as well as thousands of searchable stories. Registered Members also gain access to exclusive industry white paper downloads, web seminars, online technology directory, the iPad App, and conference discounts. Qualified members may also choose to receive our free monthly magazine and any of our e-newsletters covering the latest breaking news, opinions from industry leaders, developing trends and trading strategies.