Brian Foley joined dark pool start-up IEX Group as a business development officer. He previously held a similar role at Liquidnet. [See Traders Magazine IEX Coverage]
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Joe Peta joined Novus as a managing director in the New York-based investment consultancy’s San Francisco office. The former equity trading executive will work with Novus’ management team to build the firm’s West Coast presence and support existing client relationships. Peta’s last position on a trading desk was at Nomura Securities, in March 2011. Prior to Nomura, he was with UBS’ electronic trading group where he conducted research into the firm’s trading flow and the value of its analytics.
Ian Burgess joined Drexel Hamilton as a managing director and head of equity sales and sales trading. Prior to joining Drexel, he served as senior vice president of equity sales at Maxim Group and as a member of its research committee. From 2005 to 2011, Burgess served as head of sales at Morgan Joseph Triartisan.
John Adam joined execution management system vendor Portware as global head of product management. Adam previously spent 10 years at Liquidnet in research, strategy and product management roles. He replaces Harrell Smith, Portware’s former head of product strategy. Smith joined consultancy Lab49 this summer.
Adam Elegant joined Northern Trust bank and its broker-dealer unit in San Francisco as a registered representative. Elegant previously worked in a sales capacity at Goldman Sachs’ execution and clearing group for 12 years.
