Brett Cenkus
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Trump Won't Kill America, Bitcoin Will

In this shared piece, author Brett Cenkus argues that nation-states will cease to exist not because of a who, but a what - and it's already here.

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December 1, 2011

By By Editorial Staff

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>>Robert Veek has been promoted to managing director and head of institutional trading at Summer Street Research. He will continue to cover accounts for the Boston-based health care boutique, which has three traders in Boston and three in New York. Prior to joining Summer Street last year, Veek spent five years at White Cap Trading. That came after 13 years at Fidelity Capital Markets as a trader and market maker in both Boston and New York. He reports to Al Sollami, the company's chief executive.

>>Ryan Peterson joins agency-only broker Cheevers & Co. as its new chief compliance officer. A seven-year veteran, Peterson was previously CCO for Fox River Execution Technology for just over a year. Prior to that, he spent four years as an attorney and compliance consultant at Regulation Technologies. He was also an investigator for the Chicago Board Options Exchange. He now leads a three-person compliance team at Cheevers. He reports to president Laura Yunger.

>>Buckman, Buckman & Reid, a full-service brokerage firm, added an institutional trading group to its Shrewsbury, N.J. office. The group was previously with Seton Securities. Bob Mezey, a 35-year veteran, heads broker-dealer sales. Veterans Ron D'Angelo and Tony Pontecorvo run trading. Also joining the firm as sales traders are veterans Frank Passalaqua, previously with Sterne Agee; Peter Battaglia, previously with the Vertical Group; Chuck Esposito; and Tony Lopez. The firm clears through RBC Capital Markets.

>>Glenn Koh joined Bank of America Merrill Lynch to lead equity derivatives trading in the Americas. Koh spent 14 years at Morgan Stanley, most recently in charge of trading U.S. equity index derivatives. Koh reports to Henry Mulholland, head of Americas equities, and Fabrizio Gallo, global head of equities.

>>Jim Kelly joins Citigroup Global Markets' capital introduction group as a director in New York. A 30-year veteran, Kelly was previously at Morgan Stanley, where he headed its transition management group in the Americas. Prior to moving upstairs, he spent 28 years on the floor of the New York Stock Exchange, where he ran his own firm. Kelly was also a floor official and board member of the Alliance of Floor Brokers. He reports to Beth Neely, who heads capital introduction in prime finance for the Americas at Citi.

>>John Hickey joins the Buckingham Research Group as a senior sales trader in New York. Hickey, a 22-year veteran, was previously with Sanford C. Bernstein, where he spent 11 years. Prior to that, he worked at Cantor Fitzgerald. He reports to Tony Sutera, who runs Buckingham's equity trading desk.

>> Minority brokerage firm Williams Capital Group opened a Boston office, hiring industry veterans Rick Gill and Ken Beaulieu as sales traders. Gill, a 27-year veteran, joins from Sterne Agee, where he spent four years. A past president of the Boston Securities Traders Association, Gill also worked at Oppenheimer & Co., Gruntal & Co. and Everen Securities. Beaulieu, a 13-year veteran and a former board member of the BSTA Foundation, joins Williams from Avondale Partners, where he spent four years after spending much of his career at Banc of America Securities. Both report to Stephen Carl and Michael Ferry, co-heads of equity sales and trading.