People On the Move

Robert (Rob) Hegarty has been appointed to the Depository Trust & Clearing Corp.’s newly created position of managing director of market structure. Hegarty joins DTCC after about 10 years at research consultancy TowerGroup. There he served the last seven years as managing director of securities and investments and insurance.

Hegarty, a veteran of 25 years in the securities industry, has worked for Fidelity Investments and Putnam Investments, where he developed and maintained trading systems. At DTCC, Hegarty will report to James P. Leonard, managing director, strategy and marketing. Hegarty will work with clients looking for automated solutions that link trading parties, reduce operating risks and lower costs.


Richard Parker and five other equity traders joined Concept Capital after leaving Stanford Group Co., which was placed in receivership earlier this year. The move to Concept Capital also reunites them with a research product they have been associated with since 2005: the Washington Research Group, which looks at how public policy and rule-making affect stocks. Parker joins as a managing director and head of equities. He is joined by sales traders Kevin Quinn, Vito Tricarico and Paul Preisser. Position traders Anson Sager and Liam Daul also joined. Parker reports to Robert Moore, who heads capital markets.


Joseph F. Burgoyne III joined the Options Industry Council as director of institutional and retail marketing. Burgoyne, a 30-year industry veteran, was a director of business development for IVolatility.com, a derivative and data analysis company. Earlier, he managed money at his own firm, after years of making markets in options and risk management, including a stint heading floor operations on the Philly for Van der Moolen Options USA.


Jeromee Johnson in March joined BATS Exchange from 3D Markets, where he was president. He is vice president for market development at the exchange and will work with senior management. Johnson joined 3D in 2007 to help form an electronic block-trading platform for options after working as a senior analyst at financial services research firm TABB Group. Prior to that, he worked at agency broker UNX.


Linda Giordano joined Bloomberg’s trading analytics group as a business manager. Giordano, a 20-year veteran, came from Citi Global Markets, where she spent four years as global head of client relations for BECS, Citi’s pre- and post-trade cost-measurement product. At Bloomberg, she will focus on product development.


Dave Morton joined Cabrera Capital Markets’ Boston office as an international trader and sales trader, covering the Asian markets in real time for U.S. accounts. Morton, a 15-year sales trading veteran who came from Nobel Financial, spent most of his career at ING (formerly Furman Selz).


Peter Jenkins joined New York-based consultancy Westwater Corp. as business development manager. Jenkins, a longtime buyside trader in New York at Deutsche Bank Asset Management and its predecessor, Zurich Scudder, joins from NYSE Euronext. There, he headed the NYSE’s client relations effort with the buyside, beginning in 2004. At Westwater, he will continue in client relations and business development. Separately, Abraham Wons, formerly a risk manager at Wellington Management, joins the firm to help develop a risk management practice.


OMS provider Mixit USA has revamped its sales team with the addition of three new people. Bob Williamson, a 20-plus-year veteran of technology sales, joins from Lava, where he sold its OMS and execution services. Williamson, who heads sales, is joined by Anthony Triolo, a 15-year veteran of trading, who also came from Lava. Daniel Curley, a 20-year-plus veteran in equities and options, covers the Midwest and West Coast from Chicago. Curley came from AFA. Mike Ottrando, with 10 years of industry experience, was promoted to sales from the client support area at Mixit.


John J. Cronin Jr. joined Jefferies & Co. to head its Boston office. Cronin, a 19-year sales trading veteran and a Schwab Soundview alum, previously ran UBS’ Boston office. Brian Hardiman, a 10-year veteran, also joined from UBS as a sales trader. Jefferies’ Boston office has 12 sales traders, including Cronin.


Dahlman Rose & Co. added two senior sales traders to its New York office. Ron Segal and Brian Kenney joined the research and trading boutique from the Stanford Group Co. Segal, a veteran of 30 years, and Kenney, a 15-year veteran, both also worked together at Soundview Financial. They report to Steve Mortati, who heads trading.


Peter Gasparino and David Y. Williams joined KCCI’s New York Stock Exchange unit and will act as floor brokers and sales traders. Gasparino, with 23 years experience, and Williams, a 26-year veteran, both joined from Glenwood Securities after 17 years each there. They report to Mark Nauman, KCCI’s president.


Cowen Group hired two traders from Bank of America. Andrew Busso joined the firm as a managing director and head of financial sector trading. Busso previously headed the financials group at Bank of America. His background in financials and REITs is expected to help expand Cowen’s trading footprint in those areas with accounts, according to the firm. Busso reports to John O’Donoghue, Cowen’s head of equities, with whom he worked at Credit Suisse. Also joining Cowen’s financials trading group is William Duff, a vice president. Duff also joined from the financials trading group at B of A.


Research and execution provider Lighthouse Financial recently expanded its New York office with the addition of three sales traders. Ryan Cournoyer and Yuichi Levinson, both previously with Bear Stearns’ agency group Bear XO, joined along with Jan VanArsdale, a 25-year veteran from Lazard Capital Markets. Separately, Tom McNell also joined Lighthouse to help launch a San Francisco office.


Pragma expanded its sales and marketing effort with three new hires. David Goebels, previously a director with Citi, will oversee Pragma’s West Coast sales. Curtis Pfeiffer, previously a managing director at Bank of America, where he headed electronic trading sales, joins as director of business development. Kelli Annequin, previously with Citi as director of equities marketing, joins Pragma as director of marketing and communications. All report to David Margulies, Pragma’s director of sales.


Jesup & Lamont hired Tony Lopez as a senior vice president for broker-dealer and institutional sales in New York. Lopez joined from Pershing, where he worked in broker-dealer sales and headed electronic trading. Angelo Pollari also joined to head strategic structured transactions, which involves direct stock purchases and equity distribution agreements. Pollari spent 16 years at Bear Stearns in a similar capacity. Jesup & Lamont counts 50 to 60 people in its equities group; 15 are in trading.

 

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