TRADERS ON THE MOVE: Palazzi, Bernholz Join Weeden
Traders Magazine Online News, February 19, 2013
Michael Palazzi joined Weeden & Co. as head of derivative sales in the firm’s Greenwich, Conn., headquarters. Palazzi was previously with Pali Capital where he held a similar post. He also spent 15 years heading sales and Nasdaq trading at CIBC in New York. Between stints at CIBC and Pali, Michael ran global sales trading at Cowen & Co. Weeden now employs a staff of eight in its options trading department, a business it entered only last year.
Dennis Bernholz joined Weeden & Co. as a sales trader in the firm’s San Francisco office. Bernholz was previously a sales trader at FBR Capital Markets, also in San Francisco, for three years.
Robert Livio joined Mischler Financial Group’s equities trading department in the firm’s Stamford, Conn., office. Livio is charged with overseeing the firm's global equities execution platform and block business. That includes ensuring the desk runs 24 hours a day and offers direct access to the international equity markets. Livio previously spent three years at Numis Securities as head of international equities trading.
Herman Barber joined Kota Global Securities in Newport Beach, Calif., as a senior vice president in the global trading and buybacks department. Barber was most recently a trader with Mischler Financial Group, also in Southern California. Barber also spent nine years as a trader at the Teachers Retirement System of Texas.
Ryan Wells joined B. Riley Caris as a sales trader. Wells was previously a sales trader at ThinkEquity.
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