Canada’s BMO Capital Markets announced its new U.S. equities trading management team. Formerly a sales trader at Merrill Lynch, Rick Joyce will run U.S. equity sales trading. Joyce heads a team of five sales traders, all based in New York. Will Bertsch, also from Merrill Lynch, will head U.S. equity facilitation trading. Sean MacKenzie, formerly in charge of U.S. electronic trading at RBC, will head U.S. equity electronic trading. All three executives are based in New York.
Brad Wilson joins Dahlman Rose & Co. as a director and sales trader. Wilson, a 19-year veteran, was previously a sales trader at Sanford C. Bernstein, where he spent eight years. He reports to president Ernest J. Dahlman III.
Peter Santoro joined Morgan Stanley as co-head of U.S. equities trading. Previously, he held similar jobs at Citadel Securities, for one and a half years until December 2009, and at Citigroup. At Morgan Stanley, Santoro will partner with Tony Lauto as co-head. Lauto joined the firm in February after a 35-year career at Goldman Sachs.
As part of the move, John Neary, current head of equity trading for the Americas, will become global head of portfolio products. Neary joined Morgan Stanley in 2006 from Goldman Sachs, where he ran portfolio trading.
Sales traders George Boyan and Beth Carlton join the Benchmark Company and have opened a desk in Bradenton, Fla. A 27-year veteran, Boyan spent the last 10 years at Raymond James. He covers East Coast accounts. Carlton spent the last 22 years at Raymond James. She covers accounts in the Midwest. Both report to Adam Gordon, the firm’s chief executive officer.
Christopher J. Masi joins agency broker Abel/Noser as head of the firm’s new international trading desk in New York. A 10-year veteran, Masi joins Abel from Natixis Bleichroeder, where he spent eight years in the global trading department. He began his career in international equities at Bank of America in 1998. He reports to Chris Corwin, executive vice president of trading.
Yemi Oshodi and Paul Boogaert join agency broker WallachBeth Capital’s new merger arbitrage and event-driven trading desk. They join Alec Levine, a managing director who is overseeing the desk’s expansion. Oshodi, a 17-year veteran, previously led the M&A desk at Tullett Prebon. Other stints included senior trading roles at Ramius Capital and Putnam Lovell NBF. Boogaert, a 10-year veteran, joins from Linkbrokers Derivatives Corp., an ICAP subsidiary in the U.K. He also worked as an arbitrage trader at Commerzbank Capital Markets. Both report to Michael Wallach and David Beth, the firm’s senior principals.
Kevin Byrne joins Fidelity Capital Markets to run its transition management practice. Byrne has more than 12 years of experience in transition management, specifically in portfolio trading, transaction-cost analysis, and equity and fixed income derivatives. He most recently was head of the U.S. transition management group at ConvergEx Group and prior to that led J.P. Morgan’s North America transition management business. Byrne will report to Mike Cashel, senior vice president and head of equity trading at Fidelity Capital Markets.
Geffery Gioia joins Longbow Research in Cleveland as a sales trader. Gioia, a 17-year veteran, was previously a managing director with FTN Equity Capital Markets, and most recently with Wunderlich Securities. Gioia covers parts of the Midwest, along with New York and Connecticut. He is president of the Cleveland Security Traders Association.
Hudson Securities hires sales trader Jerry Kallas as executive vice president in the firm’s Chicago office. Kallas, a 30-year pro, was a managing director at Terra Nova Financial for five years, responsible for sales, trading and customer support. Prior to that, he was a partner at Engelman Securities. He will service Midwest-based accounts for Hudson. He reports to Tim Fierce.
Monika Brown joined Blaylock Robert Van, an Oakland, Calif.-based minority-owned investment firm, as senior vice president of international equity trading. Brown will be responsible for real-time equity execution in Japan and other Asian markets. She will also build Blaylock Robert Van’s European equity execution platform. Brown has more than 18 years of experience. Most recently, she founded Mercenary Trading, an affiliate of registered broker-dealer GBS Financial Corp., where she built an equity trading operation specializing in Asian markets on behalf of hedge funds and pension funds. Prior to the founding of her own firm, Brown worked with SAC Capital Advisors’ Canvas Capital unit, which managed an Asian-specific, event-driven portfolio.
Nichole Ake joins newly formed U.S. Capital Advisors, a Houston-based wealth management firm, as its chief compliance officer. The 21-year veteran and onetime agency trader will oversee compliance and other business areas for the broker-dealer and its sister companies. Ake is president of the Dallas Security Traders Association; her term ends at the end of December. She reports to chief executive Patrick Mendenhall.
Ted Wasserman joined Deutsche Bank as a managing director and head of equity derivatives flow sales for North America, within the markets division. He is based in New York and reports to Derek Capanna, head of the institutional client group, equity, for North America. Wasserman joined from Goldman Sachs. There, he was most recently a managing director in equity derivatives sales and the co-head of hedge fund derivatives sales.
Jason Straus joins Wells Fargo as a director in electronic sales. A 15-year veteran, Straus is charged with leading Wells Fargo’s electronic and portfolio sales effort across the Americas; and developing the firm’s algorithms, pairs and portfolio trading, as well as its crossing network. He was a senior salesman for Barclays Capital/Lehman Brothers for the last eight years. Straus reports to Ed Gonzalez, head of electronic and portfolio trading.
Atrey Parikh joined Trading Cross Connects, a Jersey City, N.J.-based incubator of high-frequency algorithmic trading teams. He is responsible for the planning, design, implementation and support of the firm’s network infrastructure. Parikh will be based in Jersey City and will report to Gray Lorig, TXC’s chief information officer. Before joining TXC, Parikh was a senior network engineer at Morgan Stanley.
Nicole Nakashian joined Agio Technology, a provider of technology infrastructure and data management services to hedge funds, as a managing director and head of client services. A 10-year pro, Nakashian most recently worked as an executive director within prime brokerage sales at UBS. There, she directed those services UBS provided to hundreds of hedge funds.
Leucio Iacobelli joins wholesaler Surge Trading as a vice president in sales. Iacobelli, a 28-year veteran, was previously with Murphy & Durieu.Earlier in his career, he also held senior positions in broker-dealer sales with UBS and Knight Capital Group.
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