Chris Flynn joined Advent Software, a buyside order management systems vendor, as vice president of product management, trading and compliance. This is a newly created position. Flynn joins Advent from buyside OMS vendor LatentZero, where he was North America product manager. Previously, he spent 10 years at Advent where he was a product manager for the Moxy OMS.
Bill Howard and Kirk Howard joined the new equity trading desk at Stone & Youngberg’s Community Bank Group. Bill Howard will serve as head of trading. Kirk Howard will be responsible for market making and trade fulfillment. Stone & Youngberg launched the Community Bank Group in December 2006, after an acquisition from The Seidler Companies. The firm began making markets in June, representing more than 75 West Coast community banks. Bill Howard, a 40-year industry veteran, was most recently a vice president at The Seidler Companies. Prior to that he was the head trader at Sutro & Co. for 10 years. Kirk Howard was most recently a market maker at Crowell Weedon & Co.
Gavin Little-Gill joined Linedata Services, a buyside order management systems vendor, as senior vice president in charge of product management and strategy for front-office products. Little-Gill was previously at the consultancy TowerGroup, where he spent six years as an analyst covering investment management technology. Little-Gill’s responsibilities include overseeing the development of LongView Live, the next-generation of Linedata’s order management system.
Joe Ratterman was promoted to president and chief executive of BATS Trading. He replaces Dave Cummings, the ECN’s founder, who will return to an active role at the electronic market making firm he owns, Tradebot Systems. Ratterman, 41, was previously BATS’ executive vice president and chief operating officer. He has been with BATS since its incorporation in June 2005. Earlier, Ratterman was chief technology officer at Bridge/Reuters from 1990 to 2002.Cummings stepped down from BATS as part of the ECN’s plan to become a stock exchange. As the owner of a broker-dealer, he is prohibited from working as a manager at an exchange.
Keith Bliss recently joined brokerage firm Cuttone & Co. as a senior vice president and director of sales and marketing. Bliss was previously a senior vice president of institutional sales at LaBranche Institutional Execution Group.
Josh Slavitt joined Bank of America as a principal on the institutional derivative trading team. Slavitt brings more than eight years of experience as a derivative trader and equity options specialist, most recently with BNP Paribas. He reports to Kumaran Vijayakumar, head of U.S. equity derivative and convertible trading.
Stuart Gould recently joined Morgan Stanley as head of program trading. Gould, who started his career in the early ’90s at Salomon Brothers’ program trading desk, was previously with Cantor Fitzgerald.
Glenn Florio joined Shoreline Trading Group in Los Angeles as a sales trader. A former market maker at Prudential and a quantitative analyst at Merrill Lynch, Florio was most recently a salesman of pre- and post-trade analytics at ITG on the West Coast.
Jeromee Johnson joined 3D Markets last month as president of the startup that plans to launch a crossing network for equities and another for options this fall. Johnson, previously a senior analyst at TABB Group, recently penned a widely quoted research report on crossing networks. Before TABB, he had been director of product development and trading strategies at agency broker UNX. Prior to that, Johnson was a senior technical engineer at Javelin Technologies. 3D is based in New Hope, Pa. and was founded by electronic trading veteran David Mortimer.
Fred Bailey will head up plan sponsor sales and LJR Recapture Services at BNY ConvergEx Group. He replaces Todd Burns who is retiring. Bailey was previously co-head of LJR Institutional Sales.In that capacity he directed the firm’s sales efforts for commission recapture, transition management and corporate buybacks for more than 1,000 plan sponsor clients. Burns joined LJR in 1997 as a sales executive for the Midwest. In 1998, he was given responsibility for LJR sales worldwide.
Dan Weingarten and Sean Malloy, both formerly with NYFIX Millennium, joined Penson Financial Services’ New York office as senior vice presidents of U.S. sales and marketing. In this capacity, they will head the department that offers broker-dealer and clearing services. Prior to joining Penson, Weingarten and Malloy were co-heads of sellside transaction sales at NYFIX. They managed its business development effort for transaction products, such as DMA, wholesale execution and algorithmic trading.
Geoff Heyman joined Jefferies & Co. as a sales trader in the firm’s San Francisco office. Heyman was previously with UBS.
Tom Cullum joined Craig-Hallum in Minneapolis as director of institutional sales. Cullum formerly headed sales trading at First Albany.
Bill O’Brien joined Knight Capital Group’s Direct Edge ECN unit as chief executive officer. Previously, O’Brien, 36, worked at Nasdaq as a senior vice president in charge of new listings and market data distribution. O’Brien joined Nasdaq when the stock exchange acquired the Brut ECN, where O’Brien was chief operating officer. Before that he served as vice president and general counsel at Goldman Sachs from 1998 to 2000.
Mike Gitlin, a veteran of both the buyside and sellside, will join T. Rowe Price next month as global head of trading. Gitlin will oversee 27 equity and fixed income traders in Baltimore, London and Hong Kong. Equities will be his initial focus. Gitlin was previously head of U.S. equity sales at Citi, where he also had been head of Asia-Pacific sales trading and Asia-Pacific cash equities, as well as head of international cash equities. Gitlin, who earlier headed Asia-Pacific trading for Credit Suisse Asset Management, has traded both equities and bonds.
Larry Leibowitz joined the NYSE as executive vice president and chief operating officer, U.S. products, for the NYSE Group subsidiary.
Leibowitz heads business and product development for the U.S. cash markets. He will work closely with Duncan Niederauer, NYSE Group’s president and co-chief operating officer. Leibowitz, who most recently served as COO of UBS Americas Equities, joined UBS as a managing director in November 2004, when the firm acquired Schwab Capital Markets. He was responsible for several areas including market structure, strategic planning, regulatory control and the broker services functions for the equities division. At Schwab, Leibowitz was co-head of Schwab Capital Markets. His other experience includes: co-founding Bunker Capital, a quantitative hedge fund in 1996; running REDIBook ECN as CEO and heading program and quantitative trading at Credit Suisse.