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October 1, 2010

People On the Move

By Traders Magazine Staff

Also in this article

Jon Block joins Nomura Securities as head of international trading in the Americas. Block, a 16-year professional, will act as a sales trader and risk manager and is charged with growing the firm's trading business in Asia, Japan, Latin America and Canada. He spent 10 years trading international and financial equities at Goldman Sachs and also ran UBS's Canadian trading and sales trading group. He reports to Ciaran O'Kelly, head of equities, Americas.


Stephen Kay of Knight Capital Group was named president of the Security Traders Association of New York for 2010-2011. His one-year term began Aug. 1. This is Kay's second stint as STANY president; he also served in 2007-2008. His focus will be on educating members and helping them to understand new regulations and other issues that affect trading and markets. Kay is responsible for client service and relationship management for Knight's broker-dealer business for equities and options.



Gleacher & Co. Securities hired six pros. Joining the firm as senior equity traders are Todd Leone and Peter Treacy from Cowen and Co. At Cowen, Leone was co-head of health-care trading. Treacy was a senior health-care trader specializing in medical technology and services.

Joining Gleacher as sales traders are Ned Bolcar, Robert Baisch, Paul Kent and Jonathan Hanes. Bolcar and Baisch each joined the firm from ICAP. Prior to that they were sales traders at Jefferies & Co. Kent was most recently at Pali Capital and, before that, was a long-tenured sales trader at Jefferies. Hanes most recently worked at Execution Noble.



Two veterans joined Morgan Joseph as two sales traders. Todd Clark, most recently with Nollenberger Capital Partners, and Gregory Pizzitola, most recently with Brean Murray, Carret & Co., joined Morgan Joseph's California and New York offices, respectively. Clark has 27 years of securities business experience. For the past five years, he was head of equity capital markets for San Francisco-based Nollenberger , where he headed a team of 20 salespeople, research analysts and traders. Pizzitola, who began his Wall Street career in 1983 as a block trader with Lazard Frères & Co., was most recently head of institutional trading at Brean Murray, which he joined in 2005.



Matthew Harris joins Madison Williams as director of institutional equity trading in the firm's New York office. Harris, 36, comes from Tuohy Brothers Investment Research, a specialist energy research and trading firm, where he served as head of trading. Prior to that, Harris helped lead the development of the trading team at FBR Capital Markets' New York office, supervising the health-care and utility sectors. He also spent eight years at Morgan Stanley, where he traded a variety of stocks in the technology, health-care and energy industries.

Harris' hire is expected to expand Madison Williams' market-making capabilities and allow the firm to advance its international trading platform.



Danielle Caporale joins Accenture's Capital Markets practice in its core trading and services group. Caporale, a 20-year veteran, spent most of her career on the buyside in trading. She ran Deutsche Bank's investment management trading desk and also worked at SAC Capital and Gabelli & Co., followed by stints at the New York Stock Exchange and Nasdaq.