On the Move
Traders Magazine, February 2013
Who's moving on the Street in equities and derivatives? Traders Magazine's OTM--On the Move--brings that info right here.
If you've gotten a new job or promotion, let us know at onthemove@sourcemedia.com
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>>Kenny Polcari, a veteran New York Stock Exchange floor broker and media commentator, joins O'Neil Securities. Polcari, a veteran with more than 30 years' experience trading stocks, left ICAP last November. His departure came shortly before the British interdealer broker shuttered its NYSE floor operation, where he spent many years. He also worked at ICAP's predecessor Garban Corporates, the corporate bond operation of Garban plc. Polcari built its NYSE floor operation and an upstairs desk in Jersey City, N.J. O'Neil Securities was formerly known as William O'Neil & Co., but was split off as its own entity in 2010. The brokerage is owned by O'Neil Data Systems. Polcari is featured almost daily on television and in the press, speaking from the floor of the New York. He also produces daily market notes known as "Market Recipe" segments for Bloomberg TV.
>> Electronic brokerage SpeedRoute Execution Services hires Nancy Eichorn as a business development executive. Eichorn, a 20-year pro, previously spent more than five years in marketing at the CBOE Stock Exchange. She was also involved in institutional corporate marketing for non-deal road shows at Bear Stearns and spent almost 13 years at NASD and Nasdaq in relationship development.
>>Michael Ingrassia joins Macquarie Capital as a sales trader. Ingrassia, a 22-year vet, was previously a sales trader with Knight Capital, where he worked for about 10 years. He also did stints trading at Merrill Lynch and Herzog, Heine, Geduld.
>>Gus Phelps joins the Vertical Group and is charged with helping establish a Boston division for the firm's institutional sales and trading department. Phelps, a 15-year veteran, comes from Boston-based Saratoga Capital, where he was a managing director. He was also a founding member and partner at Seacoast Capital, a Boston-based small- and mid-cap money manager. Phelps also served as the Boston Security Traders Association's president in 2012. He reports to company co-founders Rob Schaffer and Tom Martin.
>>Roger Anerella joins UBS as head of global securities execution services. Anerella, a 13-year veteran, was previously in charge of execution services at Merrill Lynch. He departed after 13 years when Merrill underwent a management shake-up in 2012 that saw Ashok Krishnan take responsibility for global execution services.
>> Mizuho Securities hires Briton Ryan as head of trading and sales for U.S. exchange-traded funds. Ryan, a 12-year pro, previously held a similar position at Newedge USA, before that firm shut down its cash equities and ETF desks last summer. He spent three years at Newedge, according to a filing with the Financial Industry Regulatory Authority. Before that, he worked at Macquarie Capital, Morgan Stanley and Deutsche Bank.
>> The Securities Industry & Financial Markets Association hires Ellen Greene as part of its operations and technology group. Greene, a 26-year pro and exchange executive, spent 18 years at Nasdaq as vice president of transaction services and a sales executive, and was a managing director in the listings business at the American Stock Exchange.
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