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Traders Magazine, May 2000

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SLK Grows

Spear Leeds and Kellogg is hiring hundreds of trading pros to stay competitive, according to John Mulligan, a special limited partner at SLK. Booming Nasdaq volume and the switch to electronic trading in options are driving the growth. SLK hired 90 equity traders for its core Jersey City operation in recent months, bringing headcount there to 350. A new trading facility on New York's Long Island will house 150 traders by November. About 50 traders will transfer from the Jersey City office to Long Island.

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