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June 30, 2002

Fast Track

By Editorial Staff

*Gerard Klauer Mattison hired Tom Nicastri as a senior vice president in institutional equity sales. He joins a sales team focused on mid-sized institutional investors. Nicastri, a Wall Street veteran, has worked in institutional sales for the past 14 years, most recently at ABN AMRO, where he was a managing director.

*Joe Ferrarese, a pro at Morgan Stanley for the past 14 years, was promoted to head OTC trading. He was most recently a position trader. Ferrarese, who reports to Pat Whalen, head of trading, will be working closely with John Schoen, head of sales trading.

*Prudential Securities in New York added sales trader Terrence Fay from J.P. Morgan Chase; Mike McLoughlin, a market maker who specializes in tech stocks, from Credit Suisse First Boston; and Walter McDonough, previously with Merrill Lynch, who was named as Nasdaq sales trading manager in Boston.

*Financial Interactive, a provider of investor relationship management tools to the alternative investment industry, appointed John R. Kiley as president and chief executive. Prior to joining the firm, Kiley was managing the Americas region for software company Integral Development Corp.

*Joe Benanti joined KV Execution Services LLC (KVX) as senior

managing director, running its NYSE operation. Benanti, who is also an

NYSE floor governor, was previously a senior trader at Stuart Frankel &

Co. KVX also added new members to its institutional trading team:

Dan Calandrillo, formerly a partner at Garban Giorgio; Bob Walsh, formerly an institutional floor broker at Merrill Lynch; and Joe Marcotte, formerly an OTC market maker at Fleet Trading.

*Keefe, Bruyette & Woods, Inc. hired chief financial and administrative officer, Robert Giambrone. He is responsible for directing all of the firm's financial operations. Prior to joining KBW, Giambrone was executive director and head of global fund administration at Morgan Stanley Investment Management. He also served as chief financial officer of Morgan Stanley Trust.

*Robert McHeffey switched to Cantor Fitzgerald's sales trading desk from ITG's international and domestic sales trading desk. McHeffey's career dates back to 1986, the year he joined Instinet.

*Michael Cox was appointed president of SunGard Securities Processing, an affiliate of Sungard which provides real-time transaction processing systems. Cox has been at SunGard for the last six years, most recently as chief operating officer at SunGard Wealth Management Services.

*The International Securities Exchange named Frank J. Jones, Ph.D., vice chairman. He fills the post recently vacated when Ivers Riley was appointed chairman. Dr. Jones has served as a non-industry director of ISE since its launch in May 2000. Dr. Jones is executive vice president and chief investment officer at the Guardian Life Insurance Company of America.

*Nasdaq's board of directors is appointing Thomas G. Stemberg, founder of Staples; Thomas W. Weisel (inset), Chairman and CEO of Thomas Weisel Partners; and Mary Jo White, former U.S. Attorney for the Southern District of New York, and currently Chair of the Litigation Department at Debevoise & Plimpton. The nominations were voted on by shareholders at Nasdaq's annual meeting.

*SoundView Technology Group named Stuart Robbins as chairman. Robbins is the former equities chief at Donaldson, Lufkin & Jenrette.

*Jane O. Cobb was named director for the SEC's legislative affairs office. She was most recently director of congressional affairs for the Federal Emergency Management Agency.