Who’s moving on the Street in equities and derivatives? Traders Magazine’s OTM–On the Move–brings that info right here.
If you’ve gotten a new job or promotion, let us know at onthemove@sourcemedia.com
>> Imperial Capital recently added about a half dozen equities traders and sales executives. Joining the Los Angeles-based broker-dealer, which specializes in distressed securities, on the trading side is David Cooperman, formerly a distressed debt trader at UBS. On the sales side are Tony Greer, Tony Reiner, Philip Minardo, Yves Lefebvre and Dustin Sanza.
Greer was most recently a sales trader at Dahlman Rose & Co. Reiner spent the last few years at Cantor Fitzgerald as a sales trader. Minardo was a sales trader at Wall Street Access. Lefebvre worked both research sales and sales trading at Soleil Securities. Sanza worked on the research side at Wedbush Securities. All the hires will work in Imperial’s New York office, except Sanza, who is based in Boston. The firm makes no distinction between sales traders and research sales executives, according to chief operating officer Mark Martis.
>> ITG hired sales trader Jeff Haise as a director to trade energy and industrials. Haise, a 20-year veteran, is responsible for providing high-touch execution, with a particular focus on companies covered by the firm’s energy team. Prior to this, he served as a senior sector trader at Nomura Securities, Deutsche Bank, Bank of America Merrill Lynch and Goldman Sachs. He reports to Michael Marrale.
>>Evan Karp joined options brokerage Macro Risk Advisors as a sales trader in New York. Karp was previously in research sales at BMO Capital Markets.
>>Glenn Lesko was promoted to global head of client strategy and U.S. international and product sales at Instinet in New York. Lesko was previously chief executive of Instinet’s Asia business.
>> Knight Capital Group hired sales trader Todd Rowan as a vice president in its institutional equities sales group. Rowan will be responsible for covering select institutional clients. A 22-year professional, he came from Deutsche Bank, where he spent the last three years responsible for sales and trade consultation of the Autobahn electronic equity trading platform for the bulge firm’s Midwest clients. Prior to that, he spent five years at Liquidnet as a relationship manager for the Midwest region. He was also a trader at the Chicago Board of Trade specializing in treasury options and futures arbitrage from 1991 to 2005.
>>Joe D’Amico joined Ameriprise Financial Services as an investment analyst in the firm’s Plano, Texas branch. D’Amico previously spent about a dozen years on the program desk at Southwest Securities in Dallas. He is also studying for a Certificate in Financial Planning at Southern Methodist University.
>>Justin Coppola was recently named head of ConvergEx’s ADR desk. Coppola, an 11-year veteran, has been with the agency broker as a sales trader in ADRs since 2006. Prior to that, he was an institutional equity sales trader at Brown Brothers Harriman for three years. He reports to Andrew Levine.
>>Guy Corcoran joined Sterne, Agee & Leach as a sales trader in the Birmingham, Ala.-based firm’s New York office. Corcoran previously worked in equity sales at Imperial Capital in New York. Corcoran had been a sales trader at Citigroup Global Markets and predecessor firm Salomon Smith Barney for about 16 years.
>>Charles Behette joined Mizuho Securities on its index arbitrage desk. Behette was previously a director at Investment Technology Group on the program trading desk.
>>Gerald Casey joined Barclays Capital in New York on the program desk. Casey was previously in international portfolio sales at Nomura Securities.
>> Raymond James has hired away a dozen options traders and salespeople from Knight Capital Group in a bid to break into the institutional options trading business.
The desk will be led by Ryan Sylvester and Adam Templeton and will be based in Raymond James’ New York office. Sylvester and Templeton ran the institutional options business at Knight for two years after joining from Newedge, a joint venture of French banks Societe Generale and Credit Agricole. Moving to Raymond James with Sylvester and Templeton are 10 traders and salespeople. Among them are James Murphy, Robert Mabry, Colin Drowica, Andrew Kramer and Brad Manuilow. All are based in New York except Manuilow, who works out of the firm’s San Francisco office. The move into institutional options is a first for Raymond James, which has long operated a New York-based institutional equities business. Sylvester and Templeton report to Dan McMahon, Raymond James’ head of institutional equity trading.
>>Joseph Falso and Laura Brady joined Bank of America Merrill Lynch to cover hedge fund clients. Falso, a 14-year veteran, was an executive director in Morgan Stanley’s institutional equities division. Prior to joining Morgan in 2005, he was at Goldman Sachs. Brady, a four-year pro, comes from Knight Capital’s direct electronic execution services group. Both report to Anthony LaSalle, director of global execution services.
>>Peter O’Malley returns to Bank of America Merrill Lynch in its global portfolio trading and Americas electronic sales group. From 2005 to 2008, he was in its program and electronic trading group. An 11-year veteran, O’Malley now comes from Morgan Stanley, where he was an executive director in its program trading sales group.
>> Sales trader Mike Tompkins joined Deutsche Bank in its ADR group as vice president, broker services relationship manager depository receipts. Tompkins, a 12-year professional, comes from ConvergEx, where he spent the last seven years. Prior to that, he worked at G-Trade Services and Pershing. He reports to Jeff Margolick.
>> Data vendor OneMarketData appointed Jeff Banker as senior vice president of market development. Banker, a professional with over 20 years of experience in low-latency trading and exchange-traded funds, will help with new product initiatives.
>> The Buckingham Research Group hired Brad Wilson as managing director and head of trading. Wilson, with more than 20 years of institutional cash equities trading experience, is charged with raising the firm’s visibility and revamping the trading and sales trading platform. Prior to Buckingham, he was head of U.S. sales trading for Mizuho Securities USA, and prior to that, he was a senior sales trader for several years at Sanford C. Bernstein & Co. He has held similar positions with ABN AMRO and CIBC World Markets.
>> Joseph Cangemi, co-head of electronic equity trading and sales for ConvergEx Group, was put in charge of the firm’s European operations. Cangemi will move to London and become chief executive of ConvergEx Limited, the firm’s brokerage based in the United Kingdom. He will keep his current role as co-head of electronic equity trading and sales, the company said. He became an executive with ConvergEx Group when it acquired a direct-access floor brokerage, Francis P. Maglio & Co., that he co-founded in 1983. Cangemi is a former chairman of the Security Traders Association and a past governor of the New York Stock Exchange.
(c) 2013 Traders Magazine and SourceMedia, Inc. All Rights Reserved.
http://www.tradersmagazine.com http://www.sourcemedia.com/
