Joseph C. Lombard joins Murphy & McGonigle’s Washington, D.C. law office as a partner. Lombard, a 20-year industry veteran, has spent most of his career on the legal side of the business, as a securities attorney for broker-dealers and investment advisers and also at the Securities and Exchange Commission. After a stint as SEC chairman Arthur Levitt’s market structure counsel, Lombard went to work for Archipelago Holdings, where he ran the ECN’s electronic brokerage subsidiary Wave Securities for five years. Most recently, he served as an adviser to OES and was on its board. Lombard expects to work on market structure issues for a clientele of high-frequency traders and market makers.
Jon Block joins Nomura Securities as head of international trading in the Americas. Block, a 16-year professional, will act as a sales trader and risk manager and is charged with growing the firm’s trading business in Asia, Japan, Latin America and Canada. He spent 10 years trading international and financial equities at Goldman Sachs and also ran UBS’s Canadian trading and sales trading group. He reports to Ciaran O’Kelly, head of equities, Americas.
Gleacher & Co. Securities hired six pros. Joining the firm as senior equity traders are Todd Leone and Peter Treacy from Cowen and Co. At Cowen, Leone was co-head of health-care trading. Treacy was a senior health-care trader specializing in medical technology and services. Joining Gleacher as sales traders are Ned Bolcar, Robert Baisch, Paul Kent and Jonathan Hanes. Bolcar and Baisch each joined the firm from ICAP. Prior to that they were sales traders at Jefferies & Co. Kent was most recently at Pali Capital and, before that, was a long-tenured sales trader at Jefferies. Hanes most recently worked at Execution Noble.
Sean Westley has joined ConvergEx Group’s prime brokerage business, NorthPoint Trading Partners, as vice president of sales in New York. Westley, a 12-year professional, has spent his career in various brokerage capacities at UBS, Credit Suisse and Goldman Sachs. Most recently he served as an executive director in UBS’s prime services division. He reports to Ben Brown, managing director and head of prime brokerage sales at NorthPoint. ConvergEx also hired four electronic traders for its NorthPoint office in Atlanta. Michael McLoughlin and Jay Mercier join the electronic execution group, and Raoul Scott and Erik Fuchs join the client serving team. McLoughlin comes from Prudential Equity Group, Mercier from YieldQuest Advisors, Scott arrives from ConvergEx’s Eze Castle Software, and Fuchs hails from Merrill Lynch. The four report to Nick DeJarnette, managing director of operations and trading.
Michael Nethercott joins BTIG as a director in equity sales trading. Nethercott, a 12-year veteran, comes from Lighthouse Financial Group, an agency brokerage that recently closed. Prior to Lighthouse, Nethercott worked at Bear Stearns for eight years, where he helped start an internal agency-only desk for the firm’s clients. He reports to Richard Blank, global head of equities.
Also joining the firm’s Boston office and focusing on prime brokerage are Mike McCuin and Adrianne Schulte. McCuin, a 10-year veteran, comes from Kaufman Rossin Fund Services and will focus on prime brokerage sales. Schulte will focus on prime brokerage relationship management and most recently was in J.P. Morgan’s prime brokerage client services group in New York. They report to Justin Press, co-head of prime brokerage.
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