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January 1, 2001

Fast Track

By John A. Byrne

*The National Association of Securities Dealers named Hardwick Simmons chief executive of Nasdaq. Simmons, the former president and chief executive of Prudential Securities will assume his new post next month. Hardwick succeeds Frank G. Zarb, who will remain as chairman of Nasdaq. Richard G. Ketchum was named deputy chairman of Nasdaq and continues in his role as Nasdaq's president. David P. Warren, previously chief financial officer at the Long Island Power Authority, joined as chief administrative officer.

*Salvatore F. Sodano was named vice chairman of the NASD. He will remain chairman and chief executive of the American Stock Exchange.

*The Boston Stock Exchange beefed up its staff: Stephanie L. Minister, previously with Bridge Information Systems, joined as vice president, marketing and sales; Margaret M. Burke, from Preferred Capital Markets and formerly a BSE floor broker, joined as assistant vice president, marketing and sales; and John A. Boese, previously with Chase Global Fund Services, was named assistant vice president, legal and regulatory affairs.

*George T. Mosby joined the institutional sales team at Bridge Trading Company in New York. He was previously an account executive at Bridge.

*Ladenburg Thalman & Co. in New York added market makers John Baratta and Rob McGrath, both from Gruntal, and Ed Donovan, previously with GBI Capital Management.

*Paul Judge joined TLX Trading Network in New York as vice president of technology. He was formerly vice president and manager at Merrill Lynch's CICG Securities Services Division.

*CheckFree Investment Services in Jersey City promoted Robert Coira to head the firm's institutional money manager client department. He replaced Terry McNamara, who retired in July.

*Paul J. Governale joined Prudential Securities in New York as a Nasdaq trader and first vice president. He was previously with PaineWebber.

*The Philadelphia Stock Exchange hired Steven Sears as senior advisor to chairman Meyer (Sandy) Frucher. Sears was previously an options market reporter for Dow Jones & Co.

*Bob Mattis, a sales trader at NDB Capital Markets in Jersey City retired. Mattis, a popular figure in the trading community, intends to pursue fishing and golf.

*Market Systems in Chicago hired Molly G. Bayley as a vice president. She was previously vice president of exchange and Nasdaq relationships at OptiMark.

*Howard Schloss, previously with the New York Stock Exchange, was appointed senior vice president, communications and government relations at the NASD. He replaced Andrew McMillan, who moved over to Nasdaq as senior vice president, corporate communications.

*George Mapp, previously with Arnhold & S. Bleichroeder, joined Hill, Thompson Magid & Co. as head of international equities.

*Donald Weeden is assuming the role of interim chief executive of New York-based Automated Trading Systems. Glenn Phillips was named president and chief operating officer.

*Gerry Mastrianni moved from International Assets Advisory Corporation (IAAC) as head trader and senior vice president, to form international market making firm, GMST World Markets. Mastrianni is president and Stephen Taormina, former owner of Princeton Securities, is chief executive of the Lake Mary, Fla.-based firm. GMST nabbed Henry Cortes, and Kevin Stokes, former traders at Winter Park., Fla.-based IAAC. Shelli Ocilka, also from IAAC, joined as an assistant trader.

*President-elect George W. Bush named Paul H. O'Neill as Secretary of the Treasury. O'Neill, chairman of Alcoa Inc., serves on several boards and advisory groups, including the NASD Board of Governors.

*Carol Mathis moved to Greenwich Capital Markets as managing director and chief financial officer. Before her appointment, Mathis was at Coopers & Lybrand.