Citadel Execution Services is in free agency heaven.
It hired a slew of new sales traders, one market maker and a new head of strategy and product development. The hires will help the wholesaler build out a new over-the-counter desk, which will trade domestic and international equities.
A total of eight sales traders have joined the firm, Traders Magazine has confirmed. Four come from E*Trade Capital Markets while three come from Knight Capital.
“Investing in top talent has always been a priority, and we see tremendous opportunity to further expand our platform and better serve our clients around the globe,” Jamil Nazarali, head of Citadel Execution Services said.
The eight sales traders are:
Christopher Amato, a 19-year professional, comes onboard as head trader. Spending his entire career in stock trading, Amato has held head trader positions previously at four firms. These include E*Trade, GMST World Markets, International Assets Advisory and Raymond James. He will lead Citadel’s OTC desk trading domestic and international equities. Amato will also build an NMS equities trading desk. He reports to Jamil Nazarali.
Steve Carolus, a veteran with 25-years experience, joins as senior sales trader. Carolus worked at E*Trade for the last nine years. He was the senior sales trader and help start an international market making desk. At Citadel, he will focus on starting an international and domestic OTC trading desk.
Patrick Burns, a 14-year trading pro, joins as an international equity sales trader. Burns also comes from E*Trade, where he worked for eight years as a market maker in Canadian and International securities.
Justin Prouty, a 16-year vet, joins as a senior international market maker. Prouty, an E*Trade alum, worked for nine years there. He was a founding member of the firm’s international market making desk.
Mark Stehli, a 12-year vet, comes onboard as a sales trader from Knight Capital, where he spent his whole career. At Knight, he was a director of cash trading for its market making business.
John Kane, a veteran with 13-years experience, enlists as a sales trader on Citadel’s cash desk. Kane spent his whole trading career at Knight Capital, where he was a director of cash trading in its market making business.
Michael Donofrio, an 8-year pro, comes on board as a sales trader on the cash desk. Donofrio, who spent his career at Knight, served as a cash sales trader for the last 6-years in the firm’s market making business.
Bill Orsini, a 15-year sales trader, comes from Avatar Securities after 5-month stint there. Orsini has over 10-years experience as a market maker.
Niki McNeil joins Citadel as an international market maker. With eight years in the business, McNeil previously worked at E*Trade and will assist in international and domestic OTC trading at Citadel.
Carolus, Burns, Prouty, Stehli, Kane, Donofrio, Orsini and McNeil all report to Amato.
Away from the trading desk, Noel Dalzell joins Citadel as a vice president and head of strategy and new product development. Dalzell, a 15-year pro, was most recently at Knight Capital where she was director in broker-dealer electronic sales. Prior to Knight, he spent 12-years at E*Trade as vice president of trading. He will focus on inbound and outbound off-exchange trading and liquidity. He reports to Marty Mannion.
