Rich Korhammer is now a senior advisor at private equity fund Lightyear Capital. Korhammer was the co-founder and former chairman and chief executive of Lava Trading, one of the first execution management systems. He recently assisted Lightyear in evaluating its investment in REDI Holdings, a technology spinoff from Goldman Sachs that markets an execution management system.
KeyBanc Capital Markets added Parker Morris as a sales trader in its Chicago office. Morris, a 13 veteran, comes from the buyside where he worked at Balyasny Asset Management as a head trader covering the industrial sector and at Magnetar Capital. He reports to Kevin Kruszenski, head of institutional equities.
BTIG restructured its equity trading desk, creating three co-heads. The firm promoted Scott Brooks and John Quigley to co-heads. They join Jim Aniello, current head of trading at BTIG. Brooks joined BTIG in 2008, after a long stint at Lehman Brothers. Quigley joined BTIG in 2010. Aniello has been with the firm since 2003.
Electronic trading sales veteran Alan Kostrinsky joined international agency brokerage Auerbach Grayson & Co. Kostrinsky recently did a short stint at Citadel Securities. Before that, he worked for ConvergEx for seven years, with responsibility for the Vortex dark pool.
Charlie Doering joined Morgan Stanley as financial advisor in San Francisco. Doering was a long time sales trader in the Bay area, working for such firms as Robertson, Stephens & Co. Thomas Weisel Partners, Wedbush Securities and ThinkEquity.
