On the Move

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


>> WallachBeth hired two senior executives, Thomas Quigley and Steve Mickle. Quigley joined as a managing director in electronic sales/trading. A 19-year veteran, he came from SunGard Brokerage, where he worked for five years. Quigley has also done stints at Edgetrade Securities and BNY Brokerage. He reports to chief executive Michael Wallach and president and chief operating officer David Beth. Mickle came onboard as a director in the firm’s ETF institutional sales/trading group. A six-year pro, Mickle came from BlackRock’s iShares division, where he spent the last four years. He is a Chartered Alternative Investment Analyst who also has worked at Barclays Global Investors and San Francisco-based Merriman Capital.


>>Rick Joyce joined Stamford, Conn.-based CRT Capital Group as a managing director on the equity sales trading desk. Joyce most recently managed U.S. equity sales trading at BMO Capital Markets. He also spent 13 years at Merrill Lynch in Chicago and New York. Joyce reports to Eric Shenker, head of equity trading at CRT.


>> Citadel has hired four new market makers on its over-the-counter trading desk and a new broker-dealer sales exec. Steve Roy joined as head trader of the domestic OTC desk. Roy, a 26-year trading veteran and market maker, now oversees the expansion the domestic OTC trading business at Citadel. He reports to Chris Amato. Joining Roy on the domestic OTC desk are market makers Andy Ehee and Billy Burke. Ehee came from Echotrade, where he spent the last two years. Both report to Roy. Market maker Dan Connolly joined as an international trader and is helping to build out the firm’s global OTC trading effort. Connolly, a 12-year pro with floor trading and prop trading experience, came from Great Point Capital. He reports to Justin Prouty. Lastly, Allison Gott came on board as director of broker-dealer sales at Citadel. Gott, a seven-year veteran, came from RBS, where she spent the last six years. She reports to senior managing director Jamil Nazarali.


>> Veteran electronic trading executive Tony Huck joined Lime Brokerage in New York in a business development and sales and marketing capacity. That encompasses client services, sales, connectivity, configuration and the trading desk, according to Huck. Before joining Lime, a division of Wedbush Securities, Huck was at Citadel Securities, as a managing director and head of institutional sales. Before that, he was at RBS Securities. Huck spent 15 years at ITG, including a stint with ITG Derivatives.


>>Genemarie Eguilior joined INTL FCStone Securities’ trading desk supervision team. Eguilior came from Guzman & Company, where she most recently was the chief compliance officer and also spent the last 15 years as head of domestic equity trading. She will be based out of INTL’s Miami office.


>>Shauna Hewitt Lambright joined Pavilion Global Markets in Chicago as head of the Canadian broker’s U.S. transition management initiative. Lambright previously held a similar position at Loop Capital Markets. In 2008, she sold her transition management firm, Lambright Financial Solutions, to Knight Capital Group.


>> National Alliance added three sales traders in New York. The Dallas-based firm hired sales traders Rocco Strazzella and Brian Cohan from Guggenheim in New York, where the two worked together for the last few years. Strazzella, an 11-year sales trading pro, spent the last three years at Guggenheim. Cohan, a 13-year pro, also spent the last three years at Guggenheim and has also done stints trading at WJB Capital and Cuttone & Co. The firm also hired New York-based sales trader Kevin Feehan. Feehan, a 13-year professional, spent the last year at Phoenix Partners.


>> Hedge fund BlueCrest Capital hired Chadd Kirk as its new head of U.S. equity trading, the Americas. Kirk, an 18-year pro, was formerly head of trading of the Americas at Millennium Partners. He spent five years there.


>>Kevin Halupka joined Lodestar Securities as a managing director and head of business and product development. Lodestar was founded just last year and is expanding from municipal bonds into corporate bonds and equities. It is headed by Jim Lafaman, a onetime head of prime brokerage at Credit Suisse for the Americas. Halupka was a director of sales at Lime Brokerage for three and a half years. Before that, he worked at ITG.


>> Jefferies Group hired two managing directors for its event-driven desk. The firm brought on Richard Thoms as a trader and Ming Lai as a salesperson. They both came from Citi where they had similar roles.


>>Yoav Stramer joined Twin Capital Management, a New York-based event-driven hedge fund, as an assistant trader. Stramer previously worked as a trader on the exchange-traded fund/quantitative trading desk at UBS Securities. He reports to Sean Spillman, Twin Capital’s head of trading.


>>David Porcelli joined BMO Capital Markets as a managing director and co-head of U.S. equity products. Porcelli was most recently head of America’s equity distribution at Barclays Capital. Prior to that, he spent nearly two decades in equity trading at Lehman Brothers. At BMO Capital Markets, Porcelli will co-head U.S. equities with Alan Tannenbaum, who joined the bank in 2010. Both will report to Mike Miller, BMO managing director and head of equity products.


>>Nate Sand joined Lake Street Capital Markets in Minneapolis as a vice president and an institutional equity salesperson. Sand previously worked at Piper Jaffray & Co. as a market maker, trading consumer, technology and financial stocks.


>>Neil Cohen joined Monarch Bay Securities in El Segundo, Calif., as a sales trader. Previously, he worked at the New York Stock Exchange as a floor broker for MND Partners for more than six years. Cohen joined Monarch Bay shortly after sales trader John McGrory left.


>> Nasdaq OMX Group promoted Tom Wittman, head of the exchange operator’s options markets, to run its three stock exchanges as well. Wittman has been running Nasdaq’s options marts since 2008, when it bought the Philadelphia Stock Exchange. As part of the recent management changes, Brad Vopni, previously Nasdaq’s head of U.S. equity product management and strategy, has left the company. Vopni spent nine years at Nasdaq.


>> Craig Lax has replaced Carey Pack as the head of ConvergEx’s execution services group. Pack departed last month after running the broker-dealer’s trading operation since 2001. His departure comes shortly after the company sold off certain order management and trading software assets. The exec departed for personal reasons, a spokesperson for ConvergEx told Traders Magazine. Lax is an executive managing director at ConvergEx Group and chief executive officer of G-Trade Services and ConvergEx Execution Solutions, member companies of ConvergEx. “We have now combined under Mr. Lax the firm’s U.S. and international execution businesses, which include sales trading, electronic execution and portfolio execution for buyside and sellside clients,” the spokesperson said.

 

(c) 2013 Traders Magazine and SourceMedia, Inc. All Rights Reserved.
http://www.tradersmagazine.com http://www.sourcemedia.com/