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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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March 1, 2013

On the Move

By Editorial Staff

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  • On the Move

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


>>A plethora of ex-Nomura Securities traders have landed positions with other firms. Sean Harte, previously a sales trader covering international stocks, joins Bradesco. Instinet scoops up Sam Clapp, formerly head of electronic trading sales; Tom Terzulli, who traded consumer stocks; Kevin Brady, who was a managing director, liquid markets; Mark Govoni, a program sales trader; Joseph Mezrich, head of quantitative strategy; and sales trader Bill O'Brien. Wells Fargo Securities hires trader James Imperiale. Michael Christian joins Raymond James & Associates. Brean Capital hires sales trader Stephen Murphy in its Boston office. Brandi Gatlin joins Westor Capital Group in New York as a sales trader. Scott Bauer joins Cowen & Co. as head of program sales and trading. Kevin Kilgallen, who traded technology stocks at Nomura, joins Wells Fargo Securities. Richard Conti joins Oppenheimer & Co. Conti was formerly head of electronic sales trading at Nomura.


>>MKM Partners hires eight sales traders. The firm picked up Mehdi Sunderji and Kurt Peterson from Atlantic Equities after the British firm closed its U.S. offices. MKM grabbed Keith Arnott and Dick Bennett from Rochdale Securities after that Stamford, Conn., firm stopped trading. The firm also brought on Terry Duffy, who spent the previous eight years with Liquidnet and its Miletus unit; Paul Prentice from Collins Stewart; Tony Lombardo from hedge fund JMG Capital Management; and Mike Cohen from Princeton Securities. The eight hires bring the total number of sales traders at the Stamford-based institutional brokerage to 46, working out of eight offices.


>>James Alperin joined Northland Securities in New York as a sales trader. In the past, Alperin has worked at a series of small broker-dealers, including Rodman & Renshaw, Caris & Co., Kaufman Bros. and C.E. Unterberg, Towbin. Alperin ran the desk at Kaufman Bros.


>>Carlos Jimenez joins Macquarie Capital as a sales trader in New York. He comes from Knight Capital. Earlier in his career Jimenez spent more than seven years at Herzog Heine Geduld and its successor firm, Merrill Lynch, as well as five years at Susquehanna Capital Group.


>>Bart Barnett joined U.S. Capital Advisors in Houston as a managing director and senior trader in the firm's institutional client group. Barnett was previously head of listed trading at Morgan Keegan, where he spent 10 years. Before that, he worked for Scott & Stringfellow.


>>Greg Voetsch joined Janney Capital Markets as head of equities. The 25-year veteran will be responsible for Janney's equity sales, sales trading, trading and research groups. Voetsch was most recently an executive vice president in charge of global equities at Knight Capital Group. Voetsch spent 10 years at Knight. With Voetsch's hire, Thomas Ferraro and Jeff Woodford, who served as co-heads of equities, will assume roles as heads of sales and sales trading, respectively.