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ON THE MOVE: Wedbush Hires Pair of Futures Traders

Traders Magazine Online News, September 19, 2017

John D'Antona Jr.

Wedbush Securities has hired futures trading veterans William Barry and Steven Slovak as Managing Directors to help grow and serve its institutional clients. The pair will work in the firm’s Fixed Income Financing, Futures and Rates Group and report to Managing Director Scott Skyrm. The two are based in Wedbush’s New York office and will focus on expanding Wedbush’s presence in the futures, options, and fixed income spaces – leveraging a combined 60+ years of experience to help establish and further develop relationships with institutions seeking customized, low-latency trading services.

Steve Slovak, Wedbush

Bill Barry brings over 27 years of experience in securities trading business development. Previously, he served as Head of Global Business Development at Sage Trader, and as Managing Director at TFS Derivatives Corporation in New York. With a track record of work with institutional clients, Barry also worked in global business development at Jefferies, and 15 years leading international business development at Penson Worldwide.

Steve Slovak also served in Global Futures Business Development at Sage Trader, and as Director at TFS Derivatives Corporation. Previously, he worked at Jefferies, Inc., spending five years working in business development at Penson, and 12 years managing the international trade desk at Fimat USA, LLC.

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

Market veteran Nick Savona has joined AX Trading as a Senior Advisor. Savona, a 26 year professional, was last with Global Maxfin Capital, a Toronto-based investment broker-dealer. While there, he sat on the institutional sales desk and launched a business handling employee stock option exercises and buybacks for public and private issuers. He has worked at TD Securities, ITG Canada, Northland Capital Partners and Liquidnet, as well as being active in the Securities Traders' Association.

Torstone Technology, a provider of post-trade securities and derivatives processing, has hired Mack Gill as Chief Operating Officer (COO) and member of the Board of Directors, based at Torstone’s London headquarters. Gill has a wealth of experience in capital markets technology, having worked with the world’s leading exchanges, clearing houses, depositories, banks and brokers; most recently in his role as CEO of MillenniumIT, a leading trading technology company and subsidiary of London Stock Exchange Group. Prior to that, he had a long tenure as a senior executive of global technology group, SunGard (now FIS), where he held a number of leadership roles including president of SunGard Technology Services, with responsibility for SunGard’s global technology strategy and consulting business.

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