An OTC Comeback in Florida
Traders Magazine, September 2004
At a time when the traditional role of the market maker has been transformed into a heavily high-tech agency business, Guzman & Company in Coral Gables, Fla., has recruited a veteran OTC trading professional to run a principal trading group. Arthur Pacheco, the outspoken industry advocate and former Bear Stearns executive, joined Guzman as vice chairman of the group, which will make markets in Nasdaq, Bulletin Board and equity-linked securities. Guzman's U.S. institutional customers include various pension funds, banks and insurance companies.
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