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September 2, 2013

On the Move

A look at the equity industry's prominent hires, promotions and other notable happenings around Wall Street's trading community

By Editorial Staff

KCG Holdings, the newly formed group of Knight Capital and Getco, has hired Charles Susi. Susi joined the firm in mid-August, a KCG spokesperson confirmed. He will head product development for the firm's client execution services group and will focus on strategy, design and implementation of new products. This is a new and senior role. Susi will report to Greg Tusar and Albert Maasland, co-heads of global execution services at KCG. The former global co-head of direct execution at UBS, Susi left that firm in June. He spent five years at UBS, which he joined in 2008. He is a well-known figure in the industry, having frequently represented UBS at industry conferences and in the press.

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Block trading venue Liquidnet hired Brennan Warble as its head of U.S. sales and as a member of the firm's global leadership team. Warble, a 23-year veteran of the institutional equities business, is responsible for overseeing and growing the U.S. business. Prior to Liquidnet, Brennan was a managing director and head of Americas execution sales at Citigroup. While at Citi, he oversaw 150 sales traders focused on U.S. and international cash sales trading, electronic execution, derivative sales, portfolio sales, convertible sales and the CSA business. He is based in New York and reports to chief operating officer John Kelly.

Jane Street hired Drew Krichman as a managing director. Krichman will be responsible for developing new ways for firms to interact with Jane Street's liquidity. The exec came from Getco Execution Services, where he was responsible for all sales and customer relationships. Krichman has also had senior sales roles at Island ECN and Nasdaq.

Chris Arrix joined MKM Partners as an executive director and head of electronic equity sales. Prior to MKM, Arrix spent seven years as an electronic trading sales executive at J.P. Morgan Securities.

BTIG restructured its equity trading desk, creating three co-heads. The firm promoted Scott Brooks and John Quigley to co-heads. They join Jim Aniello, current head of trading at BTIG. Brooks joined BTIG in 2008, after a long stint at Lehman Brothers. Quigley joined BTIG in 2010. Aniello has been with the firm since 2003.

Jared Baker joined Tripleshot, a Boston start-up that plans to launch an alternative trading system this year, in a sales capacity. Baker previously worked in sales and business development at Charles River Brokerage, a division of the well-known order management system vendor.

UBS has hired sales trader John O'Hagan. He spent 13 years at Morgan Stanley and five at Credit Suisse trading technology, media and telecom stocks.

Maxim Group appointed John Benedickson as a managing director and head of institutional sales trading. Benedickson, a veteran with more than 20 years' experience, will assist Jamie Barker, managing director, research sales, in running the day-to-day operations of the firm's institutional equities business. Benedickson began his career at NDB Capital Markets, where he managed the sales trading operations. He also worked at Susquehanna Financial, Nova Capital Markets and BNY ConvergEx Group.

Maxim also hired Matt Brophy as a senior sales trader in its Boston office. Brophy, a 22-year veteran, has spent eight years trading in New York and 14 years in Boston. He has traded at Deutsche Bank, Thomas Weisel, FBR Capital Markets and Lazard Capital Markets.