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April 30, 2001

Fast Track

By Editorial Staff

*Jefferies Group in Los Angeles named Paul W. Bodor president of the firm's NYSE floor brokerage subsidiary, W&D Securities. He was previously chief operating officer of W&D.

*Mark Donahoe was named head of sales trading at U.S. Bancorp Piper Jaffray in Minneapolis, Minn. He was previously a senior sales trader at the firm and was past president of the Minnesota Securities Dealers Association.

*Pat Conroy, previously with Credit Suisse First Boston, joined Merrill Lynch in New York as a senior position trader.

*Thomas Weisel Partners in San Francisco tapped Tony Staic as head of sales trading. Steve Williams joined as a sales trader. Both Staic and Williams were previously with Goldman Sachs. John Novak, formerly with J.P. Morgan Chase, joined as a sales trader.

*Ian Chesnoff joined Punk, Ziegel & Company in New York as a sales trader. He was previously with Hambrecht & Quist.

*Salomon Smith Barney in New York hired Robert Aquilina, from Lehman Brothers; Steven Bardong, previously with J.P. Morgan; and Bryan Lonsinger, formerly with Donaldson, Lufkin & Jenrette. All joined as block listed traders and they report to Ciaran O'Kelly, head of equity trading.

*James Gurry, previously with Societe Generale Cowen, joined Oscar Gruss & Son in New York as a sales trader.

*GMST World Markets in Lake Mary, Fla. hired Jason Zonts as head of IT and MIS. He was formerly with Raymond James & Associates.

*Fahnestock & Co. hired Paul S. Bracco, from Josephthal & Co., as senior vice president, director of institutional trading. Gordon Smith, previously with Prudential Securities, joined as a senior sales trader. Bracco is based in New York and Smith is in San Francisco. David J. Pilla was promoted to senior vice president, director of Nasdaq trading.

*The New York Stock Exchange appointed Richard L. Ribbentop senior vice president, government relations. He was previously director of legislative operations for Sen. Phil Gramm (R-Tex.), chairman of the Senate Committee on Banking, Housing and Urban Affairs.

*Kenneth Dengler joined Deutsche Bank Alex. Brown in New York as a managing director and head of OTC sales trading from Credit Suisse First Boston.

*TLX Trading Network in New York named Gordon Henderson chief executive. He was previously vice president, fixed income products for ePit in San Francisco.

*Ken Lazar and Brian Tobin, from North American Institutional Brokers, joined Westminster Securities Corporation in Ft. Lauderdale, Fla. Lazar is a managing director and Tobin is an institutional sales trader.

*Arthur Levitt, the former chairman of the Securities and Exchange Commission, joined The Carlyle Group in Washington, D.C. as a senior advisor. Carlyle is one of the world's largest private equity firms.

*Dain Rauscher in New York hired Joe Roache, Ken Morris and Dayton DiSalvatore as Nasdaq/OTC market makes. Roache and Morris were previously with Royal Bank Canada Dominion. DiSalvatore is from Needham & Co. Tim McCarthy, formerly with Needham & Co., joined as a sales trader.

*WIT Soundview in Stamford, Conn. named Clint Brown head of sales trading. John Stagliano and Gilbert Kernan were appointed co-heads of Nasdaq trading. Greg Hickey is heading up the firm's West Coast sales trading desk in San Francisco.

*Rockhouse Securities LLC, a St. Louis-based market making firm, was formed by four senior trading pros: Roland C. Baer III, previously with A.G. Edwards & Sons, is managing director, Nasdaq trading; Stephen J. Bushmann, from Stifel Financial Corp., is the firm's chief financial officer; Robertson C. Cofer, formerly with Stifel, Nicolaus & Co., is managing director, institutional equity sales; and T. Scott Franc, from Bridge Trading Company, is managing director, listed trading. Christine Arnold joined the firm as vice president, institutional equity sales. Steve Menendez joined as vice president, Nasdaq trading. Both were previously with Huntleigh Securities.

*Branch Cabell & Company, Inc. in Richmond, Va. is now a division of Tucker Anthony.