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ON THE MOVE: Macquarie Hires Three for Cash Equities Team

Traders Magazine Online News, July 24, 2018

John D'Antona Jr.

Macquarie Group announced last Tuesday that is has appointed three senior members to its US cash equities business. The three new employees are Alex Goodman, Marc Racioppo, and Maynard Um. Goodman has been appointed as the Managing Director and Head of US Cash Trading. Marc Racioppo has been hired as an ADR trader and specialist in Asian equities. Maynard Um has joined the firm as a Senior Research Analyst covering automotive and disruptive technology companies.

If you have a new job or promotion to report, let me know at jdantona@marketsmedia.com

Alex Skrypnik has just joined Citi as a Director in its electronic trading group. Skrypnik is a London-based quant developer who comes from Goldman Sachs. Prior to that, he worked in Bank of America's cross-asset algorithmic trading team.

Erick Quay

Former Bridgewater Senior Trader Erick Quay has launched his own investment management firm, Quay Capital, LLC. The firm, headquartered in New York City, will provides tactical investment management solutions to accredited private investors and institutions across the country. Quay, has more than 6 years of financial advisory and investment experience – working at J.P. Morgan and Bridgewater Associates.

TradingScreen has made two new appointments in its senior management team and hired the former CFO of Hotpsot FX for the same role. Rishi Gupta has more than 20 years’ experience working in finance, accounting and operations. He most recently worked as the CFO at a private equity firm and prior to that was CFO for Hotspot FX, the institutional FX trading platform now known as Cboe FX. Alongside TradingScreen’s appointment of Gupta as its new CFO, the OEMS specialist’s current chief strategy officer, Varghese Thomas, will take on an additional role as COO.

Derivatives collateral management services provider AcadiaSoft has hired industry veteran and a former Nomura OTC clearing director Lee McCormack. McCormack has been appointed head of collateral product management and professional services at AcadiaSoft, responsible for extending the firm’s CollateralManager tool to new customers and expanding the service for buy-side clients. His career spans more than 15 years and includes senior roles in collateral and clearing at Nomura, UBS, LCH and Morgan Stanley. He joins AcadiaSoft following a short stint with cloud-based collateral firm CloudMargin, where he was head of product development and strategy.

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