Momtchil Pojarliev
Traders Magazine Online News

Some Like It Hedged

BNP Asset Management's Pojarliev discusses a variety of options to address foreign currency exposures. Although there is no single best-practice solution for addressing foreign currency exposures, institutional investors have three main choices, he says.

Traders Poll

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

Free Site Registration

May 5, 2009

People On the Move

By Editorial Staff

Also in this article

Robert (Rob) Hegarty has been appointed to the Depository Trust & Clearing Corp.'s newly created position of managing director of market structure. Hegarty joins DTCC after about 10 years at research consultancy TowerGroup. There he served the last seven years as managing director of securities and investments and insurance.

Hegarty, a veteran of 25 years in the securities industry, has worked for Fidelity Investments and Putnam Investments, where he developed and maintained trading systems. At DTCC, Hegarty will report to James P. Leonard, managing director, strategy and marketing. Hegarty will work with clients looking for automated solutions that link trading parties, reduce operating risks and lower costs.

Richard Parker and five other equity traders joined Concept Capital after leaving Stanford Group Co., which was placed in receivership earlier this year. The move to Concept Capital also reunites them with a research product they have been associated with since 2005: the Washington Research Group, which looks at how public policy and rule-making affect stocks. Parker joins as a managing director and head of equities. He is joined by sales traders Kevin Quinn, Vito Tricarico and Paul Preisser. Position traders Anson Sager and Liam Daul also joined. Parker reports to Robert Moore, who heads capital markets.

Joseph F. Burgoyne III joined the Options Industry Council as director of institutional and retail marketing. Burgoyne, a 30-year industry veteran, was a director of business development for, a derivative and data analysis company. Earlier, he managed money at his own firm, after years of making markets in options and risk management, including a stint heading floor operations on the Philly for Van der Moolen Options USA.

Jeromee Johnson in March joined BATS Exchange from 3D Markets, where he was president. He is vice president for market development at the exchange and will work with senior management. Johnson joined 3D in 2007 to help form an electronic block-trading platform for options after working as a senior analyst at financial services research firm TABB Group. Prior to that, he worked at agency broker UNX.

Linda Giordano joined Bloomberg's trading analytics group as a business manager. Giordano, a 20-year veteran, came from Citi Global Markets, where she spent four years as global head of client relations for BECS, Citi's pre- and post-trade cost-measurement product. At Bloomberg, she will focus on product development.

Dave Morton joined Cabrera Capital Markets' Boston office as an international trader and sales trader, covering the Asian markets in real time for U.S. accounts. Morton, a 15-year sales trading veteran who came from Nobel Financial, spent most of his career at ING (formerly Furman Selz).

Peter Jenkins joined New York-based consultancy Westwater Corp. as business development manager. Jenkins, a longtime buyside trader in New York at Deutsche Bank Asset Management and its predecessor, Zurich Scudder, joins from NYSE Euronext. There, he headed the NYSE's client relations effort with the buyside, beginning in 2004. At Westwater, he will continue in client relations and business development. Separately, Abraham Wons, formerly a risk manager at Wellington Management, joins the firm to help develop a risk management practice.