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February 1, 2011

People On the Move

By Staff Reports

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  • People On the Move

Rob Hegarty joins Thomson Reuters as global head of market structure for the enterprise business. Hegarty, a 25-year veteran, will oversee the expansion of Thomson Reuters' content and services worldwide, including Elektron, the vendor's global ultra high-speed network for the financial markets. He reports to chief technology officer David Kelly.
Hegarty joins Thomson Reuters from the Depository Trust and Clearing Corp., where he ran its strategy, planning and marketing for nearly two years. Prior to DTCC, Hegarty spent 10 years at research consultancy TowerGroup, where he served as managing director of securities, investments and insurance. Before that, he held senior positions with Putnam Investments and Fidelity Investments in Boston, developing and maintaining trading systems.

 


 

Dan Weingarten joins agency broker Investment Technology Group as a managing director. He will work with broker-dealers, primarily to introduce retail order flow into ITG's matching engine, POSIT. The 13-year veteran comes from Penson Financial, where he was co-director of global sales and marketing. Prior to Penson, Weingarten was co-head of sellside transaction sales at NYFIX until 2007 and worked in sales and trading at Island ECN and Credit Suisse. He reports to Hitesh Mittal.

 


 

Cyrus Pirasteh joins Wedbush Securities as the new head of equity trading, technology and operations. Pirasteh was previously at Goldman Sachs as head of U.S. Index volatility trading, and later co-headed equity derivatives trading for Goldman in Japan.

 


 

Giles Castle joined agency brokerage MPS Global Securities as head of electronic trading sales. Castle was previously a senior vice president in the institutional equity product department at MF Global.

 


 

Peter Greene was promoted to managing partner at Fusion Analytics, a research and trading firm based in New York. Greene, a 25-year veteran, oversees all trading and operations, plus the New York office. Greene, a longtime market maker and trader at Fidelity Capital Markets and MKM Partners, respectively, has been at Fusion for four years. He reports to Craig Dougherty, the firm's chief operating officer. Fusion Analytics has eight sales traders in New York, Dallas and Coral Springs, Fla.

 


 

Wunderlich Securities moved to a new office in Boston, at 260 Franklin St. The research and trading firm has five sales traders and two market makers in New York, Boston, Baltimore, Denver and St. Louis.

 


 

Brad Acker joins RBC Capital Markets as vice president in sales for the U.S. electronic trading group. Acker, a seven-year veteran, was previously with Rafferty Capital Markets, where he spent two years in equity sales and trading. Acker also worked at Bear Stearns for four years. He reports to Brian Suth, head of U.S. electronic trading sales.

 


 

Mike Plunkett joins the board of directors at Firm58, a provider of financial management software for brokerage firms. Plunkett, with more than 25 years' experience, was president of Instinet North America from 2002 until 2008. Earlier in his career, Plunkett was co-head of trading at Instinet subsidiary Lynch, Jones & Ryan. The rest of the five-person board consists of Jim Moran, partner at North Bridge Venture Partners; Adam Koopersmith, partner at New World Ventures; Firm58 CEO Nick Fera; and Firm58 co-founder Sam Mele.