Christine Sandler joined NYSE Euronext as senior vice president, North American sales. Sandler will be responsible for all aspects of the company’s sales and marketing efforts to buyside and sellside customers. She will oversee client relationships, manage the sales team, plan and execute marketing activities, and lead cross-selling activities for the company’s full suite of equities, fixed income, derivatives and market information products throughout North America. Sandler will report to Larry Leibowitz, executive vice president and chief operating officer, U.S. products.
Sandler joins NYSE Euronext from BLOCKalert, a joint venture between Merrill Lynch and Investment Technology Group, where she led sales efforts for its block-trading indications system. Prior to joining BLOCKalert, Sandler was a managing director and head of U.S. electronic sales for Merrill Lynch. In this position, she led active cross-selling initiatives and was responsible for marketing global electronic products to U.S. institutional clients. Before joining Merrill Lynch, Sandler was head of sales at Wave Securities.
Bill Fallon joins GL Trade NY as senior vice president of the sales trading and connect unit. He’ll be responsible for selling GL’s suite of front-end, connectivity and value-added plug-in products for the buyside and sellside. GL products connect to 135 different markets, both domestic and international, as well as across asset classes that include cash equities, options, futures and derivatives. Fallon will be based in New York. He brings more than 20 years of financial services industry experience.
Prior to joining GL Trade, Fallon headed the OMS division of NYFIX, where his responsibilities included the launch of the Renaissance Market Making System, along with NYFIX Fusion. Before that, he was vice president of sales for SunGard Trading Systems’ BRASS.
Kay Lackey joined the Securities and Exchange Commission as associate regional director in the New York office. Lackey will oversee and manage the SEC’s enforcement program in the New York area. A 12-year SEC veteran, Lackey was previously an assistant regional director of enforcement in New York. Lackey replaces Helene Glotzer, who quit to join Bridgewater Associates of Westport, Conn.
Kristian West joins JPMorgan Asset Management as head of trading strategy within the firm’s European trading team. He will be responsible for finding optimal strategies to execute client account orders at the lowest transaction costs. Formerly, West was head of European execution at Barclays Capital, where he served the hedge fund community in equities, foreign exchange, ETFs and index futures. West is based in London and reports to Daemon Bear, head of trading.
Philip Adesso joined Dow Jones & Co. as a salesman for the firm’s quantitative news-based products. Adesso, a longtime market maker, was most recently a sales trader on the program trading desk at TradeTrek Securities.
Glenn Wilson
Pyramis Global Advisors, the institutional arm of mutual fund giant Fidelity Investments, has added five people to its equity trading and operations team, which is run by Michael McCauley, head of trading.
Ian Baker joins from Wellington Management Co. as vice president of derivatives and risk management. Baker, a 20-year veteran, will oversee derivatives trading and monitor risk management and compliance.
Scott Lysko, a 15-year veteran, joins Pyramis as a senior trader. Lysko’s specialty is trading international equities. Lysko was previously a vice president at Boston-based MFS Investment Management, where he had managed a team of five international equity traders since 2005.
Eric Yi brings about 16 years of investment industry experience to his new role as senior trader. For the past six years, he served as a principal on Barclays Global Investors’ equity trading desk in San Francisco. Yi has focused on quantitative program trading and technology platform development.
Roseann McDermott joins Pyramis as a trader. For the past three years, she worked in Boston at CIBC World Markets as a sales trader and sales trading assistant.
Nichole Theroux, with Fidelity since 2001, joins as vice president, trading operations manager. Since 2005, she’s served as director of the firm’s investment strategy department.
Mark Esposito launched Esposito Securities, an institutional brokerage headquartered in Dallas that specializes in electronic and algorithmic trading. A 15-year veteran of the securities industry, Esposito held senior managerial and production roles with Fulcrum Global Securities and Southwest Securities prior to launching his firm. He began his career at JPMorgan in New York.
Esposito Securities hired Nancy O’Hearn as a trader. She will help the desk source liquidity for clients. Prior to joining ES, O’Hearn was a managing director of prime trading at Banc of America Securities. Before that, she was director of trading at McKinley Capital Management and spent six years as a portfolio manager with Navellier & Associates. She works at the Dallas office, reporting to CEO Mark Esposito.
Meridian Equity Partners hired an equities sales trader and an options sales trader. Mark Zifchak joined as a senior equity sales trader. Previously a floor broker with Capital Institutional Services, Zifchak will continue on the floor. Alex Xethalis joined as an equity and options sales trader. Xethalis, previously with Rochdale Securities, works at Meridian’s options desk in lower Manhattan. Both report to Jon Acquafredda, a senior managing partner. William “Bo” Vastine joined order-management-system vendor Advanced Financial Applications as director of sales. Vastine was most recently the Eastern regional sales director for DTI/Knight, responsible for the direct-market-access sales team for the buyside.
Daniel Petrie joined Perimeter Financial Corp.’s New York office as a vice president in business development. Petrie, a former managing director in the area of equity order flow at the American Stock Exchange, will be introducing Perimeter’s electronic platform to trade Canadian equities, options and futures to buyside and sellside clients in the U.S.
New York-based Rochdale Securities is opening a branch office in downtown Red Bank, N.J. next month. The trading desk will open with five senior sales traders currently with the firm, according to Kevin Cassidy, Rochdale’s chief operating officer. The desk has room to expand to 12 sales trading positions at the office-which overlooks the Navesink River. At launch, the trading desk will be manned by Richard Bennett, Matthew Ruane, Keith Arnott, Dave O’Neill and Stephen Langan.
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