Woodcliff Lake, N.J.-based Vandham Securities has been on a bit of a hiring spree. The firm has recently brought on five new hires, including industry veteran Peter Cocuzza who will spearhead the broker’s business development plan. Cocuzza, a 30-year veteran of the trading markets, will be responsible for expanding and developing senior client relationships in both equities and fixed income. Prior to Vandham, he was with Stone Toro Asset Management in Princeton, N.J., as a vice president of business development. Cocuzza has also been an equity trader at Oppenheimer Funds, where he spent nine years, and at Mitchell Hutchins/PaineWebber, where he spent 20 years on both the buyside and sellside.
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Sanford C. Bernstein has appointed David Liles as head of North American trading, taking over the reins from Jason Griffith who is no longer with the firm. Liles remains the firm’s global head of electronic trading.
Newedge appointed Steve Charvet as global head of financial futures options, equities and fixed income execution. Charvet joined FIMAT, one of Newedge’s predecessor companies, in 2006 and has served as global head of fixed income at Newedge since 2010.
Spot Trading. A Chicago-based prop trading firm, announced three executives were made partners – Robin McInerney, Daniel Penley and Aki Nakagawa. The firm had 10 partners prior to these appointments. McInerney, a 20 year veteran, has been chief financial officer since February 2013 and joined the firm in 2009 as finance director, controller. Penley, a 10 year pro, was director of algorithmic trading and execution, joined the firm in 2011. Prior to that, he was most recently a senior equity trader with Greenback Automation. Nakagawa joined Spot in 2007 and serves as a portfolio manager on the firm’s trading team.
