Traders on the Move

Here are some recent hires and promotions in the equities trading world as Wall Street pros make that move, right now. Read about who is now trading for Ohio teachers and who got a promotion at Keybanc Capital Markets.

Plus, find out which former buysider landed at Guzman and which Citi sales trader jumped to Deutsche Bank. Not to mention where a Ticonderoga co-founder has turned up.

If you’ve gotten a new job or promotion, let us know at onthemove@sourcemedia.com


Bob Koci joins the State Teachers Retirement System of Ohio pension fund in Columbus as a senior equity trader. Koci, a 20-year veteran, will be trading domestic and international equities. He previously worked at Principal Global Investors for 12 years. Koci has been a frequent speaker on panels at industry events sponsored by the Security Traders Association. He reports to Corey Goeg, head trader for domestic equities.


Kevin Kruszenski was promoted to head of institutional equities at Keybanc Capital Markets. Kruszenski, a 20-year veteran, now oversees Keybanc’s equity research and sales to go along with running trading. He’s managed the firm’s trading for the last 10 years.


John Peluso was named president of First Clearing Correspondent Services. A 24-year veteran, he was previously president of Wells Fargo Advisors Financial Network, where he spent 11 years. Peluso, who has held numerous roles at Wells since joining in 1988, will work with senior executives to further develop strategy and partnerships. He reports to Brand Meyer, president of the independent brokerage group at Wells Fargo Advisors.


Former buysider Mike Fenske joins Guzman & Co. as a sales trader in New York. Fenske, a 15-year veteran, will focus on trading U.S. and international equities. He spent the last year and a half at Ticonderoga Securities. Before that, he worked on the buyside for 11 years at ING Investment Management and AllianceBernstein. He reports to John Bell.


John Silvestri joins TradingScreen’s sales effort for traditional asset managers. Silvestri, a 12-year pro, joins from Aqua Securities, where he spent the last five years. He will be selling TradingScreen’s multi-asset execution management system to the buyside. Prior to Aqua Securities, Silvestri worked for four years with Cantor Fitzgerald, owner of Aqua. He reports to Charles Garcia, global head of marketing for traditional asset management.


Jeff Woodford, head of trading and sales trading at Janney Capital Markets, was made co-head of equities. The promotion is part of changes intended to flatten the firm’s organizational structure. Woodford will partner with Tom Ferraro in guiding the equity business. He will remain head of trading and sales. The exec joined Janney in 2009; he had previously spent 10 years at Citi.


Sales trader Nick DeCock joins Deutsche Bank as a vice president in equity derivative sales covering hedge funds and other asset managers. DeCock, a 12-year professional, spent the last five years at Citi. He began his career as a market maker on the floor of the Chicago Board Options Exchange. He reports to Greg Kuppenheimer, head of U.S. derivative sales.  


Former Ticonderoga Securities executive Shawn McLoughlin joins BGC Partners as director of new business development for North America, a new position at the firm. McLoughlin, a veteran of more than 25 years, will focus on expanding BGC’s business. At Ticonderoga Securities, McLoughlin was chief executive and co-founder. The firm closed in January, amid the trading slowdown. Prior to Ticonderoga, he served as chief executive at Collins Stewart.  He also held leading positions with Tullett Prebon, where he was responsible for building the firm’s equities business in New York. Earlier, at Liberty Securities, he was responsible for building the intermediate treasury division. He reports to Louis Scotto, executive managing director and general manager for North America.

Michael Riffice also joins BGC Partners as a managing director and head of futures and options for the Americas. Riffice, a veteran of more than 18 years, will look to grow the firm’s derivatives business.  Riffice has held senior roles at Barclays Capital and SBC/UBS.  He reports to JP Aubin, executive managing director and global head of listed and structured products.


Craig and Robert Kaufman have joined National Alliance Capital Markets for the firm’s equity trading and research desk. The brothers collectively bring more than 40-years of experience in equities research, primarily in the technology, media and telecommunications sectors.  Prior, they ran Kaufman Brothers LP, a minority-owned investment bank that shut down in January. They report to Rob Weinstein, managing director for equities. 


If you’ve gotten a new job or promotion, let us know at onthemove@sourcemedia.com