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Elaine Wah

Modern Markets, Modern Metrics - A Blog By IEX

In this blog by IEX's Elaine Wah, the newest public exchange looks to refute public claims that the metrics it uses are designed to inflate its own volume numbers and mislead people.

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June 1, 2012

On The Move

By Editorial Staff

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  • On The Move

If you've gotten a new job or promotion, let us know at onthemove@sourcemedia.com


>>Dave Frisone joined Aqua Securities in New York as a senior vice president and head of sales. Frisone, who spent 18 years at Bloomberg, was most recently head of tier one account sales at Bloomberg LP on the OMS side. Most of his career has been spent at Bloomberg Tradebook, where he helped build the company's electronic brokerage business.

Frisone was head of the electronic sales trading desk for the Americas at Bloomberg Tradebook after running North American brokerage sales there. At Aqua, he will report to the company's chief executive officer, Kevin Foley.


>>Henry Yegerman joins Markit as a director in market analytics and research in New York. Yegerman, with more than 25 years of industry experience, will be involved in the company's trade-cost analysis products. He previously spent 12 years with ITG, where he was managing director of analytical products and creator of its TCA products. Earlier in his career, he was a director of product management at Reuters after spending nine years at Morgan Stanley working on index-based products for portfolio analysis and risk management.


>>David Collett was named chief operating officer and partner at UAT, a technology firm that specializes in the sub-advised industry. Collett, with more than 25 years' experience on the buyside and sellside, oversees all of UAT's day-to-day operational, administrative and financial activities. Prior to UAT, he worked at Signature Group Holdings, where he was treasurer and senior vice president of finance. He reports to chief executive Allan Chiulli.


>>Philip Adesso joins Nasdaq OMX to lead product strategy and management of event driven analytics. Adesso, a veteran with more than 10 years' experience, spent the last year at Thomson Reuters and, prior to that, four years at Dow Jones working on their machine-readable news offerings. He reports to Jeff Kimsey.


>>Rosenblatt Securities has hired a four-person sales, trading and strategy team for options, led by Gary Wishnow.

A 12-year veteran, Wishnow was most recently head of options sales and trading at FBN Securities. Before that, he was vice president of institutional sales and trading at Louis Capital Markets. Wishnow will now be managing director for derivatives sales and trading at Rosenblatt, where he will report to president and chief operating officer Joe Gawronski.

Reporting to Wishnow are Steven Williams from Ramius Capital, Fabian Amezaga from Citi and trading clerk Matthew Stoeber from FBN. Williams has been in the industry for more than 16 years, and he will now be chief derivatives and ETP strategist for Rosenblatt. Amezaga, a 12-year veteran, will be vice president for derivatives sales and trading.


>>ESN has hired two professionals. First, Douglas Bennett joins in New York as vice president, international equity sales. Bennett, a 17-year pro, will focus on German equities. He previously worked at Societe Generale in New York and Zurich, where he sold European equities. David Benichou also comes on board as a senior vice president in international equity sales. Benichou, a 16-year pro, will market equities research to North American institutions. He spent the last 10 years at Oddo Securities marketing European research. Both report to Vincent Fourneau.