ON THE MOVE: BNY Mellon Adds Moumdjian and Velis to FX Team
Traders Magazine Online News, July 31, 2018
BNY Mellon has added two pros to its FX team. First, Harry Moumdjian has been appointed Global Head of FX Sales, BNY Mellon Markets. In this newly-created role, Moumdjian will to unify BNY Mellon Markets’ FX sales teams globally under one leader and review its currency product suite. He joined BNY Mellon from Morgan Stanley, where he ran the firm’s DeltaFX and e-FX sales functions. Prior to this, Moumdjian worked at Goldman Sachs, Bank of America and Citibank in a variety of FX sales and trading roles. He is based in New York, and will report to Adam Vos, Global Head of FX.
The second add was John Velis, who joined the global strategy team as FX and Macro Strategist for the Americas. In this role, Velis will join the firm’s Aerial View commentators, sharing his insights through regular market commentary distributed to both clients and the media. He onboards from State Street, where he was instrumental in running a Macro Research function that applied proprietary data on investor behavior, market-risk modelling and real-time inflation analysis to the firm’s client base. Prior to State Street, Velis was based in London and worked at Vanguard Asset Management, Russell Investments and ABN Amro. He is based in New York and will report to Simon Derrick, Chief Currency Strategist.
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Barclays lured Kevin O’Connor from Credit Suisse as its new head of electronic equities origination for the Americas, a spokesperson has confirmed to Traders Magazine, after a brief “gardening leave” period. At Credit Suisse, O’Connor was most recently head of sales for the Americas within the AES team in Global Markets.
Dash Financial hired Stino Milito as Co-COO. Milito will be responsible for product strategy and leading Dash’s Institutional buy-side team, a growing group that works with the firm’s asset management and hedge fund clients to help craft highly-tailored trading solutions. Based in Chicago, he leads the office along with Co-COO Tim Miller. This is his second stint with Dash, rejoining the firm from ED&F Man Capital Markets where he was Director of Trading, UIT. One of Dash’s original employees, Milito previously served in a range of increasingly senior trading and client services roles from 2010-2016 after beginning his career as an option market maker on the CBOE Markets floor for Botta Capital Management. He reports directly to CEO Peter Maragos.
280 CapMarkets expanded its taxable trading and institutional sales distribution capabilities by hiring several industry experts to join the team:
Jennifer Tonda Rohlfes, director of institutional sales, brings more than 20 years of fixed income trading and sales experience to 280 CapMarkets
Dan Roddy joined as head of mortgage trading and brings more than 10 years of institutional trading experience.
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