People

People On the Move

Gene Choe has been named to head of U.S. sales at Credit Suisse for AES, its electronic trading platform. Choe, who joined Credit Suisse in 2004, now oversees all domestic sales for equities, options and futures within AES. His responsibility also includes heading sales for CrossFinder, the firm's successful crossing network.

Giesea to Step Down from STA

After 10 years at the helm, John Giesea announced he will retire from his position as president and chief executive of the Security Traders Association.

People On The Move

Dave Memmott joins International Strategy & Investment Group as a senior managing director and head of trading.

People On The Move

Raymond Tierney III was named chief executive and president of Bloomberg Tradebook.

People On the Move

Bryan Lonsinger joined Janney Montgomery Scott as a managing director and head of equity position trading in Philadelphia.

People On The Move

Mary McDermott-Holland, an industry veteran and former chairman of the Security Traders Association, joined Nasdaq OMX Group as vice president of Transaction Services on April 6.

People On The Move

Jason Valdez joins Penserra Securities as a managing director and will lead the firm's effort to expand program trading. Valdez, a 16-year veteran, came from Rosenblatt Securities, where he spent four years in New York as director of trading. Earlier, he worked on the transition management desk at Russell Investment Services. Initially he will be based in New York, but will then move to the company's California trading desk. Valdez reports to George Madrigal, Penserra's CEO and president.

Frucher Looks to Save N.Y. OTB

They both draw a crowd of local bettors. They're both quasi public service operations. And they've both needed a helping hand at one time or the other.

People On The Move

Frank Troise joined J.P. Morgan as global head of equities electronic client solutions. There, he oversees the electronic trading business, including product management, distribution, direct market access, algorithms, electronic liquidity management and market structure. He is based in New York and reports to Carlos Hernandez, head of global equities.

People On The Move

Jarrod Yuster is co-founder and chief executive officer of Pico Quantitative Trading, based in New York.

A Trader's Perspective on Compensation

John Daley, a managing director in the institutional equity trading department at Stifel, Nicolaus & Co. and a governor of the Security Traders Association, has been in the business for nearly two decades. At the STA's annual convention this year, the veteran bolstered the troops with his take on the tough times now facing stock traders.

SEC's New Head of Trading

The SEC named Robert W. Cook, a partner at law firm Cleary Gottlieb Steen & Hamilton, as the new director of the Division of Trading and Markets.

People On The Move

Brett Mock was elected as 2010 chairman of the Security Traders Association.

McCann Readies Next Big Trade

Robert McCann, longtime trading honcho turned wealth management executive, has settled his differences with his former firm and appears ready to continue his career in retail brokerage.

People On The Move

Ken Savio joined Guggenheim Capital Markets to build an equities sales and trading business.