Jamie Selway, a commentator on trading issues, joined Investment Technology Group to fill a strategic role as a managing director in New York. Selway, a 14-year market veteran, comes to ITG to provide clients with analysis of market structure issues and commentary on regulatory developments. He reports to chief executive Bob Gasser.
A co-founder of institutional broker White Cap Trading in 2003, Selway spent seven years there. The firm closed this summer and all four partners joined ITG. Prior to White Cap, Selway served as chief economist at Archipelago, spending nearly five years there. He was also an associate in equity derivatives research at Goldman Sachs. He is currently a director at the BATS Exchange and an associate editor of the Journal of Trading. Selway also pens an annual prediction column for Traders Magazine.
Vlad Khandros was promoted to market structure and public policy analyst at Liquidnet. Khandros, who joined Liquidnet in 2006, was previously in business development and helped design its H2O product. He was involved in the recent minority stake the firm purchased in OTR Global, a research provider. In the last year, Khandros has been heavily involved in regulatory and market structure matters both in the U.S. and the U.K. He is also author of the firm’s research product on market structure to clients, The Anchor.
John Kerins retired from Abel/Noser after a 40-year career as an equity trader. Kerins traded for 17 years at Merrill Lynch, including a stint in London and at Merrill Lynch Asset Management. Kerins later worked for seven years at Lynch, Jones & Ryan before his last 11 years at Abel/Noser.
Macquarie Securities Group hired four sales traders–two in New York and two in San Francisco. In New York, Gregory Calvino and Christopher Richards join as senior sales traders. Calvino, a veteran of more than 23 years, was previously a managing director at Thomas Weisel Partners, where he focused on hedge fund accounts. Richards, a 15-year veteran, also joins from Thomas Weisel Partners. Previously, he was a managing director and head sector trader for financials and energy, after a stint as head trader of the industrial sector. In the San Francisco office, Ross Peet and Lance Wood join Macquarie as senior sales traders. Peet, a veteran of more than 15 years, was most recently at Needham & Co., where, as managing director, he covered the firm’s top accounts in New York, the Midwest and the West Coast. Wood, with more than 17 years of experience, was previously with Leerink Swann. He opened Leerink’s West Coast office in 2003.
Laura Yunger was named president of Cheevers & Co. in Chicago. She replaces Robert Puricelli, who was named chief operating officer, a newly created position. Yunger, a 16-year veteran marketing brokerage services, previously ran Cheevers’ client services and marketing before the promotion. Yunger is a member of the Security Traders Association of Chicago. She reports to company founder and CEO, Kathleen Cheevers.
Rebecca Babin joined PIMCO as a senior vice president and equity trader in the money manager’s New York office. Babin, a 10-year veteran, comes from Brigade Capital Management, where she traded equities, options, convertibles and macro hedging products for a high yield and capital structure arbitrage hedge fund. Before that, Babin was a relative value equity trader at Goldman Sachs. PIMCO, traditionally a fixed income investor, has been expanding its equities footprint.
Scott Ackerman joined Jefferies & Co. as an international equity sales trader in New York. Ackerman joins from Deutsche Bank, where he spent eight years as a director in international sales and trading.
The International Securities Exchange made changes to its board of directors.
Joseph Sellitto, chief executive of Global Execution Brokers, an affiliate of Susquehanna International Group, joined the ISE board. Sellitto will serve as an industry director representing ISE’s electronic access members. Christianna Wood, chairwoman and member of the board of directors for the International Corporate Governance Network, also joined the ISE board. Wood will serve as a non-industry director.
In addition, Eurex chief executive Andreas Preuss, Citadel Derivatives Group managing director Michael Juneman and Timothy Brennan, head of automated market making at Ronin Capital, were re-elected to the ISE board. Preuss was elected to serve as ISE’s new vice chairman. Frank Jones, professor at San Jose State University, and Sarah Miller, executive director and general counsel of the ABA Securities Association, are stepping down from their roles on ISE’s board now that their terms have expired. Peter Bottini, executive vice president of trading and customer service for optionsXpress, is also retiring from the ISE board.
Holly Stark joins Vox Pop Investing Ltd. as director of marketing. Vox Pop takes data from proprietary consumer polling and applies it to investment analysis. Stark spent 22 years as a trader on the buyside and was active in the discussions about market structure in the 1990s that eventually led to the rise of electronic trading. In 2005, she helped to launch consultancy Efficient Frontiers. Stark has sat on a number of industry committees during her career and is still active on the board of the National Organization of Investment Professionals.
Three former partners at White Cap Trading joined ITG. William D’Arbanville, a 27-year professional and Jamie Petraglia, an 11-year veteran, will be based out of the firm’s New York office. Tim Love, who’s been in the business 15 years, will be based in Boston. The three, who also worked with Jamie Selway at Archipelago, will focus on high-touch sales trading. They report to Chris Heckman, who heads ITG’s sales and trading.
Matt Steadman joins small-cap growth manager Chinook Capital Management as a senior equity trader and portfolio data analyst. Steadman, a 12-year securities industry veteran, was previously at Wells Capital Management, where he began his trading career in 2002. He reports to Grant Brown, a partner and portfolio manager at the Portland, Ore.-based firm that manages $400 million in equities.
Chris Siclare joins UBS as a sales trader to introduce its electronic trading platform to broker-dealers, as well as to manage current relationships in the firm’s broker-to-broker business. Siclare, a 12-year veteran, comes from Ballista Securities. He spent two years there and helped launch Ballista ATS, the first block options ATS. Siclare also co-managed the broker-dealer group at Instinet. He reports to Ross Hutcheon, an executive director in UBS’ direct execution group.
Capital markets research adviser Woodbine Associates hired two industry pros for its Stamford, Conn. office. Ryan Surprenant joins Woodbine as director of sales. Surprenant was previously responsible for Aite Group’s business development efforts in the Northeast region of the U.S. and Canada. Sean Owens, who has more than a decade of experience trading derivatives, joins as director of fixed income and derivatives. In his role, he will analyze strategic, business, regulatory, market structure and technology issues in the global fixed income and derivatives markets.
Instinet Canada added veterans Jeff Houslander and Andrew Hill to its sales and trading desk in Toronto. They join as executive directors of electronic and program sales and trading. Both Houslander and Hill join from senior sales and trading positions with ITG Canada. Prior to joining ITG, Houslander held trading roles at Goodman & Co, National Bank and Nomura Canada. Besides holding various trading and technology roles for the past eight years at ITG, Hill spent several years at Aegon Dealer Services Canada.
Sales trader Jim Lewis joins 20-year old investment bank and NYSE member Sunrise Securities as director of equity sales. The 13-year veteran comes from Murphy & Durieu. Prior to that, Lewis was at UBS; he spent the majority of his 10 years there as a sales trader. He reports to Jeffrey Meyerson, managing director of institutional sales and trading.
Mixit, an order management provider, hired two senior project managers. Alexander Silenok joins as project manager for equities. Silenok, a 15-year veteran, previously spent six years with NYFIX in account management and implementing platforms. Jack O’Donnell also joins as a project manager for options. A 26-year veteran, O’Donnell previously spent three years at BNY ConvergEx’s Liquidpoint, where he worked on the trading floor and in the back office. Both report to Walter Fitzgerald.
Dave Wetzstein joins Susquehanna Financial Group in New York as a sales trader in derivatives. Wetzstein, a 14-year veteran, spent two years at Societe Generale, where he was a director. Wetzstein spent his first 12 years on the floor of the American Stock Exchange trading derivatives for various firms.
Mike McDougall joins Pacific Ridge Capital Partners as a senior trader, bringing 15 years of experience to the employee-owned investment adviser in Lake Oswego, Ore. A former two-time president of the Security Traders Association of Portland, McDougall was previously head equity trader for the Benson Value Team at Wells Capital Management and had earlier been head trader at Benson Associates, which Well Capital acquired in 2003. He reports to Mark Cooper, firm president and senior portfolio manager.
Jay Skolnick joins Dawson James Securities as head of equity and institutional trading. Skolnick, a 28-year veteran who spent the majority of his career as a head trader, was most recently with Lighthouse Financial. Skolnick has worked as a sales trader for other firms such as Forge Financial Group, JW Charles Financial Services and at MH Meyerson & Co. A former president of the Security Traders Association of Florida, he currently serves on the group’s board of directors. He reports to Albert Poliak, the Boca Raton, Fla.-based firm’s president and CEO.
Richard Herr joins Knight Capital Group as head of business development, focusing on growing the firm through new initiatives, partnerships and acquisitions. Herr, a 12-year industry veteran, spent the last three years at Investment Technology Group in business development. Prior to ITG, he was in equity research covering brokers and exchanges at Keefe Bruyette & Woods.
Mike Felix joins Lime Brokerage as director of marketing. Felix, a 20-year veteran, spent the last decade at Townsend Analytics in Chicago, where he oversaw global marketing for its RealTick product, an execution management system. Townsend is owned by Barclays Capital. Prior to that, he was co-founder of information services provider Hottrend.
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