On the Move

A look at the equity industry's prominent hires, promotions and other notable happenings around Wall Street's trading community

KCG Holdings, the newly formed group of Knight Capital and Getco, has hired Charles Susi. Susi joined the firm in mid-August, a KCG spokesperson confirmed. He will head product development for the firm’s client execution services group and will focus on strategy, design and implementation of new products. This is a new and senior role. Susi will report to Greg Tusar and Albert Maasland, co-heads of global execution services at KCG. The former global co-head of direct execution at UBS, Susi left that firm in June. He spent five years at UBS, which he joined in 2008. He is a well-known figure in the industry, having frequently represented UBS at industry conferences and in the press.


If you’ve gotten a new job or promotion, let us know at onthemove@sourcemedia.com


Block trading venue Liquidnet hired Brennan Warble as its head of U.S. sales and as a member of the firm’s global leadership team. Warble, a 23-year veteran of the institutional equities business, is responsible for overseeing and growing the U.S. business. Prior to Liquidnet, Brennan was a managing director and head of Americas execution sales at Citigroup. While at Citi, he oversaw 150 sales traders focused on U.S. and international cash sales trading, electronic execution, derivative sales, portfolio sales, convertible sales and the CSA business. He is based in New York and reports to chief operating officer John Kelly.


Jane Street hired Drew Krichman as a managing director. Krichman will be responsible for developing new ways for firms to interact with Jane Street’s liquidity. The exec came from Getco Execution Services, where he was responsible for all sales and customer relationships. Krichman has also had senior sales roles at Island ECN and Nasdaq.


Chris Arrix joined MKM Partners as an executive director and head of electronic equity sales. Prior to MKM, Arrix spent seven years as an electronic trading sales executive at J.P. Morgan Securities.


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.


Jared Baker joined Tripleshot, a Boston start-up that plans to launch an alternative trading system this year, in a sales capacity. Baker previously worked in sales and business development at Charles River Brokerage, a division of the well-known order management system vendor.


UBS has hired sales trader John O’Hagan. He spent 13 years at Morgan Stanley and five at Credit Suisse trading technology, media and telecom stocks.


Maxim Group appointed John Benedickson as a managing director and head of institutional sales trading. Benedickson, a veteran with more than 20 years’ experience, will assist Jamie Barker, managing director, research sales, in running the day-to-day operations of the firm’s institutional equities business. Benedickson began his career at NDB Capital Markets, where he managed the sales trading operations. He also worked at Susquehanna Financial, Nova Capital Markets and BNY ConvergEx Group.


Maxim also hired Matt Brophy as a senior sales trader in its Boston office. Brophy, a 22-year veteran, has spent eight years trading in New York and 14 years in Boston. He has traded at Deutsche Bank, Thomas Weisel, FBR Capital Markets and Lazard Capital Markets.


John Curley started on Deutsche Bank’s program trading desk as a director in New York City. Curley came from J.P. Morgan, which during the financial crisis acquired Bear Stearns, where he was also employed. He also worked at Instinet from 2000 to 2004. He reports to Chad Lore, managing director and head of program sales trading, North America.


SunGard’s Fox River Executions has promoted Mike Schutt to the head of its Execution Solutions business. Schutt was formerly the head of execution. Also, Paul Daley is now the head of execution and account management. Daley has run Execution Solutions’ trading desk and is responsible for managing all existing account relationships.


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.


ITG made two senior hires for its program trading desk and added three other sales traders. Jenkins Marshall and Tom Caputo joined the program desk. Marshall, a 26-year veteran, was hired as the head of portfolio trading. He has traded at Knight Capital, Citigroup, Nomura and UBS. Caputo, a 17-year pro, previously worked as a senior program trader at Knight Capital, Citigroup and Bear Stearns.


Rob Cohen, Brian Fenskeand and Tommy Labenz joined as agency traders covering telecom, media and technology sectors and retail sectors. Cohen, a 28-year equity market veteran, was head of technology trading at Jefferies & Company and head of listed technology trading at both J.P. Morgan and Credit Suisse. He also did stints at Morgan Stanley and Drexel Burnham. Fenske, a nine-year pro, comes from Nomura, where he was a desk analyst. A 17-year equity market veteran, Labenz previously was head of consumer retail trading at Jefferies and Company and head of trading at First Albany Corp. He also worked in trading roles at Imperial Capital, J.P. Morgan and Hambrecht & Quist.


KeyBanc Capital Markets added Parker Morris as a sales trader in its Chicago office. Morris, a 13-year 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.


Andreas Koukorinis joined Deep Value as a managing director in its quantitative trading strategies group. Prior to that, Koukorinis was chief credit strategist at Fortress Investment Group, where he worked as a senior portfolio manager responsible for liquid credit relative value strategies in both Europe and the U.S. He also was a senior trader at Deutsche Bank Proprietary Trading, with responsibilities in European credit trading and emerging markets cross asset trading. He has done stints at Alphadyne Asset Management and Morgan Stanley.


CRT Capital Group hired two traders for its event-driven desk. Joining the Stamford, Conn.-based broker-dealer are Sebastian Boulan and Greg Lantz. Boulan will head the desk. Lantz will be responsible for strategy. Both executives come from BNP Paribas. Boulan spent two years at BNP. Before that, he spent seven years at Morgan Stanley, working on that firm’s special situations desk. Lantz spent three years at BNP. Before that, he worked at Oppenheimer & Co. and a clutch of hedge funds.


Kenneth Heath, group publisher at SourceMedia, was honored with the John Peter Zenger Medal. Heath, publisher of Traders Magazine, won the award for outstanding community service. The John Peter Zenger Medal, presented for the first time in 2007, is given to an individual employed within the New York/northern New Jersey/northwestern Pennsylvania graphic communications industry who has exhibited exemplary character in the form of courage, charity, activism or service. The award will be presented at the Printing Industries Alliance’s annual Franklin Event on Sept. 17 at the Lighthouse at Chelsea Piers in New York City.

 

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