Storm Copestand
Traders Magazine Online News

Conquering Fear in Trading

In this exclusive to Traders Magazine, therapist Storm Copestand examines how traders can manage expectations and conquer their fear during the entire execution process.

Traders Poll

Amid changes in builder, do you think the CAT project will be completed by 2020?

Free Site Registration

March 1, 2004

Fast Track

By Editorial Staff

*Andy Brunner moved from Thomas Weisel Partners to Pacific Crest Securities. Brunner, a market maker, reports to Roger Levine. He is the managing director of the trading desk. Brunner is relocating to Pacific Crest's headquarters in Portland, Oregon. Pacific Crest, which is expanding its coverage, is a technology only research boutique.

*FutureTrade, a direct access technology vendor based in Lake Forest, Calif., added to its New York sales force. The company hired Geoff Wolf from UNX, a direct access brokerage, and Megan Fletcher from Lava Trading, a direct access vendor. Both execs held sales positions at their prior firms.

*Andy Wilson rejoined NYFIX, an order routing vendor and electronic brokerage. He is in charge of its European sales. Wilson left NYFIX in July 2002 to work for UNX, a California-based agency brokerage. Wilson departed UNX in June 2003. At NYFIX, he will spearhead the firm's build out of its order routing network in Europe and Asia. Wilson is based in New York.

*Tony Sanfilippo joined Jefferies & Co. as its director of listed trading. Sanfilippo reports to Scott Jones, director of equities. Previously, Sanfilippo served as executive vice president and head of the broker dealer client group at Knight Trading Group. He was also the interim chief executive officer of Knight from February to May 2002. Sanfilippo began at Knight in 1997 when Tradetech Securities, which he founded and managed as president and chief executive officer, was acquired by the Trimark division of Knight. Sanfilippo replaces Bob O'Hara who is retiring after 38 years in the business. O'Hara spent the last five with Jefferies running the block desk, which is located in Short Hills, N.J.

*John Lucas joined electronic agency brokerage Paravane Partners as a sales trader. Lucas comes from Gabelli Asset Management where he was a global equity trader. Before that, he was an economic analyst at Cigna Investment Management as well as a trader at both Bear Stearns and Lehman Brothers.

*Joan Lewis joined the Depository Trust & Clearing Corporation (DTCC) as director of marketing. Lewis will be responsible for helping DTCC assess markets and competitive forces, identify new sources of revenue and expand the range of products and services that DTCC offers the financial services industry.

*James Yong was named senior vice president of regulation and general counsel at the National Stock Exchange. He will oversee NSX's regulatory function, work with the Securities and Exchange Commission, and provide strategic legal counsel and support to the exchange. He fills a vacant position created by the departure in October 2003 of Jeffrey T. Brown, NSX's former senior vice president of regulation and general counsel. Prior to joining NSX, Mr. Yong was in private practice.

*Rob Flatley joined Banc of America Securities as head of marketing, support and strategic alliances for BofA's new electronic trading services group. Flatley was recently chief operating officer at Macgregor, a buyside order management system vendor. At BofA, Flatley will report to Peter Forlenza and Ross Stevens, co-heads of the ETS group.

*Steve Lynner was appointed president of Davidge Data Systems, a unit of S1 and vendor of order routing and order management technology. Lynner was previously with Thomson Financial's AutEx division. He replaces Nick Davidge, founder of Davidge and long-time president.

*Carol Horace joined Pulse Trading as a senior vice president and senior institutional equities trader based in San Francisco. Ms. Horace previously worked at Nutmeg Securities in Walnut Creek, California.