John Kerins retired from Abel/Noser after a 40-year career as an equity trader. Kerins traded for 17 years at Merrill Lynch, including a stint in London and at Merrill Lynch Asset Management. Kerins later worked for seven years at Lynch, Jones & Ryan before his last 11 years at Abel/Noser.
Macquarie Securities Group hired four sales traders–two in New York and two in San Francisco. In New York, Gregory Calvino and Christopher Richards join as senior sales traders. Calvino, a veteran of more than 23 years, was previously a managing director at Thomas Weisel Partners, where he focused on hedge fund accounts. Richards, a 15-year veteran, also joins from Thomas Weisel Partners. Previously, he was a managing director and head sector trader for financials and energy, after a stint as head trader of the industrial sector. In the San Francisco office, Ross Peet and Lance Wood join Macquarie as senior sales traders. Peet, a veteran of more than 15 years, was most recently at Needham & Co., where, as managing director, he covered the firm’s top accounts in New York, the Midwest and the West Coast. Wood, with more than 17 years of experience, was previously with Leerink Swann. He opened Leerink’s West Coast office in 2003, after stints at Bear Stearns and Robertson Stephens.
Rebecca Babin joined PIMCO as a senior vice president and equity trader in the money manager’s New York office. Babin, a 10-year veteran, comes from Brigade Capital Management, where she traded equities, options, convertibles and macro hedging products for a high yield and capital structure arbitrage hedge fund. Before that, Babin was previously a relative value equity trader at Goldman Sachs. PIMCO, traditionally a fixed income investor, has been expanding its equities footprint.
Scott Ackerman joined Jefferies & Co. as an international equity sales trader in New York. Ackerman joins from Deutsche Bank, where he spent eight years as a director in international sales and trading.
Stephen Kay of Knight Capital Group was named president of the Security Traders Association of New York for 2010-2011. His one-year term began Aug. 1. This is Kay’s second stint as STANY president. He also served in 2007-2008. He will educate members and help them understand new regulations and other issues that affect trading and markets. Kay is responsible for client service and relationship management for Knight’s broker-dealer business for equities and options.
