More Traders On the Move

Rob Flatley joined Netik, a data management vendor, as chief executive officer. Until February, Flatley was global head of Autobahn equities electronic trading at Deutsche Bank. Flatley replaces Netik CEO and founder John Wise, who stepped down.

 Robert Shapiro has been promoted to chief operating officer of the global trading division at Morgan Stanley Investment Management in New York. Shapiro, a buyside and sellside veteran, previously ran trading and execution analysis at MSIM, where he worked to create a set of best practices and procedures for trade optimization. Prior to joining MSIM, Shapiro worked in the trading strategies group at Abel/Noser.

Heflin & Co. has hired brothers Jim and Kevin Stanley. They will cover accounts for the Los Angeles-based firm from a new office in Stamford, Conn. Throughout their careers, the two have focused on the basic materials sector and will continue that at Heflin. Jim Stanley has worked as a portfolio manager at a number of large hedge funds. Kevin Stanley worked at UBS and Jefferies & Co.

Jefferies & Co. recently added five sales traders to its equity sales and trading group–four in equities and one in derivatives. Kevin Fisher, a 16-year market veteran, joins as a managing director from Pali Capital, where he spent 12 years as a sales trader and was co-head of U.S. cash equities. Ari Nathan joins from Pali, where he spent 11 years. Thomas Pierini comes onboard from Pali Capital, where he worked as a sales trader for 18 months after working at Bear Stearns. Josh Horowitz also joins from Pali after six years there. Russ Marcus joins as a sales trader in the equities derivatives division and comes from Bank Hapoalim, where he spent one year. Previously he was a derivatives sales trader with UBS for five years.

Nomura Securities International recruited five JonesTrading pros to staff its recently formed U.S. convertible bond desk. A sixth person was hired from CIBC World Markets.
Mark Edgar, a 10-year veteran, joins as a managing director and the head of U.S. convertibles sales from JonesTrading, where he founded the convertible trading desk. Previously, he worked at Deutsche Bank as a director in global convertible bonds from 2000 to 2009. Douglas Finnegan, Chuck Manning, Gildo Niutta and Meredith Curley also join as sales traders. Joseph Venn, a 12-year veteran, joins as an executive director after eight years at CIBC World Markets in its U.S. convertible arbitrage group. All report to Ciaran O’Kelly, head of equities in the Americas.