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ON THE MOVE: SageTrader Grabs Weingarten as CEO; JPM Nabs Rossi

Traders Magazine Online News, December 5, 2017

John D'Antona Jr.

San Francisco based broker-dealer SageTrader appointed Dan Weingarten as CEO of SageTrader, LLC, the operating subsidiary of Sage Brokerage Holdings, LLC. He will also become a member of Sage Brokerage Holdings, LLC, Board of Managers. This appointment will be become effective after Mr. Weingarten’s satisfaction of certain obligations to his current employer, ITG. As a Managing Director at ITG, he was responsible for sales and business development for their U.S. sell side business, a position he held since 2010. Before ITG, Weingarten was co-head of sales and strategy at Penson Worldwide. Additionally, during this time he was President of Penson Execution Services, a startup broker-dealer built to expand execution services, including the creation of an Alternative Trading System. He started his career on an institutional agency desk at TD Ameritrade and has had sales and business development roles at the Island ECN, Credit Suisse, and NYFIX Millennium.

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Cowen announced that, pursuant to the Company’s established succession plan, its Board of Directors appointed Jeffrey Solomon as the Company’s next Chief Executive Officer, effective December 27, 2017.  Solomon is currently Cowen’s President. Peter Cohen, Chairman and Chief Executive Officer of Cowen since 2009 and founder of its predecessor firm, Ramius Capital, will remain the Company’s Chairman.

Dan Weingarten

Tradesignal announced that Hammaad Uteem has joined the company as a Senior Sales Manager. He is based in the London office and is responsible for developing global accounts. Prior to joining Tradesignal, he spent several years as Senior Sales Manager at the London-based financial software company Updata, where he started his career in 2001. He has accumulated over 10 years of experience at Updata and successfully supported numerous large corporate accounts across EMEA & APAC regions like Credit Suisse, EDF, ENGIE Global Markets, JP Morgan and Merrill Lynch.

Kx, a division of First Derivatives plc, has added Richard Kiel as its new Global Head of Forex Solutions. Kiel will be responsible for growing Kx’s Forex Platforms business including Trading, Aggregation, Price Distribution, Smart Order Routing, and Pre- and Post- Trade Data Analytics and Reporting. He joins from UBS Asset Management where he was Head of Global Risk Solutions, responsible for Risk Advisory while overseeing the firm’s proprietary multi-asset Global Risk System including fundamental research and model construction, product development, client service and operations. Prior to UBS, he was Global Head of Post Trade Services at Thomson Reuters where he was a Director of Reuters Transaction Services Ltd.  Kiel also has over 10 years sell-side experience primarily focused on real-time data and analytics at JPMorgan, Salomon Brothers and Merrill Lynch. He will  report to Pat Brazel, Kx Chief Commercial Officer.

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