People

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.

People On The Move

Paula Mahoney recently retired as director of equity trading from the private wealth management division of BNY Mellon.

People On The Move

Nasdaq OMX Group last month hired Eric Noll as head of the group that oversees Nasdaq's trading operations.

People On The Move

Patrick Whalen joined AllianceBernstein as global head of trading. The career sellsider comes to the buyside with an equities and derivatives background that dates back to 1985.

People On The Move

Chris Concannon joined New York-based Virtu Financial, a newly formed proprietary trading firm, as a partner. Previously, he led Nasdaq OMX Group's transaction services unit, which oversees the parent company's U.S. equities and options markets, as well as the European multilateral trading facility. He joined the exchange in 2003 from Instinet Clearing Services.

People On the Move

Robert (Rob) Hegarty has been appointed to the Depository Trust & Clearing Corp.'s newly created position of managing director of market structure. Hegarty joins DTCC after about 10 years at research consultancy TowerGroup. There he served the last seven years as managing director of securities and investments and insurance.

People On The Move

JonesTrading has added to its U.S. sales force. It now has more than 90 traders with more than 15 years of experience, on average. Bernie Blaney joined the Boston office. Blaney will focus on client acquisition and increasing order flow. He will report to George Harrington, who heads the Boston office. Blaney has over 20 years' experience in the brokerage industry. He spent the previous 11 years as the head of sales trading in Lehman Brothers' Boston office.

People On The Move

Keith Gertsen joined Greenwich, Conn.-based hedge fund Viking Global as global head of trading in January. Gertsen, who joins the $10 billion firm that invests across asset classes, is responsible for trading and relationship management, as well as other management and strategic duties. He joins from AllianceBernstein, where he headed global trading for three years. He was also featured in Traders Magazine February 2008 issue. Greg Rosenberg is the interim global head of trading at AllianceBernstein.

People On the Move

Jack Hughes joined Compass Point Research & Trading as a managing director and opened a Philadelphia office for the Washington, D.C.-based firm. Hughes, with more than 30 years' experience, spent most of his career at Janney Montgomery Scott as head of trading and capital markets. He is overseeing the expansion of the new office and is looking to build Compass Point's research sales force, with an eye toward building a trading desk.