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ON THE MOVE: Algo Vet Marsh to UBS, Tourmaline Adds Pair

Traders Magazine Online News, August 21, 2018

John D'Antona Jr.

State Street Corporation named Andrew Allright as CEO of InfraHedge, the firm’s dedicated managed account business. Allright has been with InfraHedge since it launched in 2011. Allright will continue to lead a longstanding team comprising Ravi Raman, chief operating officer, as well as new hires including Robert Vanderpool, president of InfraHedge North America, and Lizzy Buss, head of EMEA and APAC business development.

UBS has hired algorithmic trading veteran Chris Marsh. A former managing director within Credit Suisse’s global markets business, Marsh will join UBS at the end of October as global head of electronic trading and program trading, according to a memo seen by Financial News.

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

BTIG, LLC landed Jack McCourt and Kenneth Smalley, CFA, who have both joined the company within the Fixed Income Credit team, focused on high-yield sales and strategy. McCourt onboards  as a Managing Director within High-Yield Sales in Los Angeles, while Smalley comes as a Managing Director and High-Yield Strategist in New York.

McCourt has nearly 25 years of industry experience. Prior to BTIG, he was a Managing Director within the Fixed Income division at KeyBanc Capital Markets. McCourt held similar roles as a Managing Director within Fixed Income at RBC Capital Markets, Jefferies and Barclays. Smalley has more than 30 years of industry experience. Prior to BTIG, he was a High-Yield and Distressed-Debt Analyst at Seaport Global, where he also served as a generalist with a focus on the TMT, healthcare and gaming sectors. Previously, Smalley was a Portfolio Manager at The Dreyfus Corporation and Alliance Capital. He was a High-Yield Trader at PaineWebber, Nomura and NatWest Securities. Mr. Smalley began his career as an Analyst at General Electric

McCourt and Smalley will report into Drew Doscher and Darren Haines, Managing Directors and Co-Heads of Fixed Income Credit at BTIG.

Peggy Sullivan

Vela, an independent provider of trading and market access technology for global multi-asset electronic trading, named Peggy Sullivan, who served as a consultant to the Company since October 2017, has joined as Chief of Staff. She will be based out of Vela’s headquarters in New York and reporting to CEO Jennifer Nayar. Prior to Vela, Sullivan spent much of her career at the New York Stock Exchange holding several leadership positions working with the National Market System and as the Administrator to the Consolidated Tape Association and the Head of Market Data Administration for NYSE, Arca, MKT, markets real-time products.

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