Wall Street Access hired a slew of traders and technicians from Murphy & Durieu and Direct Access Partners.
The mass hiring is the firm’s second since last fall when it brought on a dozen market makers from Rodman & Renshaw. Click here for more details.
The new crew reports to Wall Street Access senior sales and trading officials Sean Kelleher and Dana Pascucci.
The firm hired sales traders Mike Maiello, John Laresca, Bob Giglio in New York and Peter Hoey for its Boston office. Wall Street Access also brought on Peter Naso, Mike Cronin and Matt Devlin in its technical research group.
Maiello, a 23- year veteran, joined the firm’s institutional division as vice president, institutional trading. He came from Murphy & Durieu where he spent the last five years establishing its execution services desk and was a market maker in domestic and foreign equity markets. Prior to that, he worked at Hill Thompson Magid as a sales/DMA trader and at Goldman Sachs as senior trader on its program trading execution desk.
Laresca, a sales trader, was added to the firm’s institutional and sales trading team. He also came from Murphy & Durieu as trader in both foreign and domestic equities. He also did stints at Domestic Securities, Sky Capital and Donald & Co. He started his at Drexel Burnham in 1984 on their treasury desk. He reports to Dana Pascucci.
Giglio, a 25 year pro, works on the institutional sales and trading team. Giglio spent the last six years at Murphy & Durieu and was a member of the American Stock Exchange for 15 years. He reports to Dana Pascucci.
Hoey, a 15 year veteran, joined the firm in its Boston office as a managing director, institutional trading. Prior, he worked in Direct Access Partners’ Boston office for the last six years. Before that he spent five years at LaBranche Financial. He reports to Sean Kelleher.
Naso, a 9 year pro, joined the institutional division as a vice president in technical research from Direct Access Partners.
Cronin, a veteran with over 25 years experience, was hired in the technical research group as a vice president, Institutional Trading. He came from Direct Access Partners where he did a brief stint. Before that, he spent the last three years at Direct Access Partners. He has also worked at DeMatteo Monness and LeBranche.
Devlin, with over 17 years of industry experience, started in the institutional division as a director of technical research. Prior to joining Wall Street Access, he was senior vice president in charge of sales at Direct Access for almost seven years. Before that, he was with LaBranche.
Direct Access Partners shut down in May.
