11.20.2017

TRADING UP: BTIG Adds Emanuel; Deutsche Hires Hempstead

11.20.2017

Agency broker BTIG lured Julian Emanuel to the firm as a Managing Director and Chief Equity and Derivatives Strategist. He will be based in New York and join BTIG’s Research and Strategy team. In his role, Emanuel will provide top-down analysis of broad market trends, sectors, valuation and volatility with a focus on U.S. equity markets and U.S.-listed derivatives. Prior to BTIG, he was Head of U.S. Equity and Derivatives Strategy at UBS. Previously, he accumulated over two decades of experience as a Portfolio Manager, Risk Manager and Proprietary Trader with Tiedemann Investment Group, Goldman Sachs, Spear, Leeds and Kellogg, and Credit Suisse Asset Management. Earlier in his career, Emanuel was also Head of North American Equity Derivatives Sales at Tullett Prebon. He began his career as a floor options trader with Timber Hill Inc.

If you have a new job or promotion to report, let me know at jdantona@marketsmedia.com

Julian Emanuel, BTIG

Deutsche Bank has hired Chris Hempstead, who built up the ETF business at KCG Holdings, as its U.S. head of ETF sales, according to a report. Hempstead was one of the people who shored up KCG’s ETF trading business after Reggie Browne, known as “the Godfather of ETFs,” and his team left in 2013 for Cantor Fitzgerald.

O’Neil Securities, a high-touch brokerage, announced that Jack Strack and Mike Chrisman have joined the firm’s Equity Sales team. Strack brings with him more than 20 years of intuitional sales trading experience to his new role as Managing Director at the New York office of O’Neil Securities. Strack has covered the Canadian market for much of his career at firms such as JP Morgan, Macquarie Securities, and Sanford Bernstein and will focus on the Great North. Chrisman also has more than 20 years of experience and will join O’Neil as a Managing Director in the firm’s San Francisco office focusing on the firm’s West Cost growth, Most recently, Chrisman was a Principal at Piper Jaffray in their San Francisco office. Prior to this, he was a trader at Banc of America Securities, Deutsche Bank and Thomas Weisel. Mike graduated from the University of Washington and is a member of the San Francisco Security Traders Association

Weeden & Co has recently made several hires. Joel Beck was hired as Director of Business Development, coming from Cornerstone Capital where he was Chief Operating Officer. He will be responsible for client management, talent recruitment/development, regulatory/supervisory procedures, and strategic planning. Previously, Beck held senior leadership and production roles for 19+ years within UBS’ Global Equity group. At UBS, his positions involved leading large internal teams, extensive client relationship management, trading risk management, financial and strategic analysis, and dealing with global market structure issues.

Also joining the firm is Chris Swann as a Risk Arb/Event Driven specialist. Swann spent 11 years at the quantitative hedge fund AQR Capital, with the last 7 years focused on the firm’s fundamental arbitrage strategies. Most recently, he worked at  AQR’s $15B arbitrage sub-adviser and joint venture, CNH Partners, focused exclusively on portfolio management and investment analysis.

Weeden also onboarded Danielle Janot on the firm’s electronic trading sales team, working directly with institutional clients. Previously, she held a global equity trading role at Government of Singapore Investment Corp (GIC), a $100B sovereign wealth fund. Most recently, Janot held senior sales positions at AQUA Securities and Clearpool Group.

Nigam Saraiya, Weeden & Co.

Nigam Saraiya joined Weeden as Head of Data Science and Quant Trading Strategies. Saraiy spent the last four years at AQR Capital Management building internal data analytics systems for all asset classes. Previously, he worked at ITG designing a trading analytics platform and studying dark pool performance. His data management knowledge and TCA expertise will benefit both Weeden clients along with their internal Best Execution Committee.

John Comerford is joining Credit Suisse in February as global head of quantitative trading strategy, according to sources. He will be based in San Francisco and report to the global head of electronic products, Anthony Abenante, who joined in August. Most recently head of global trading research at Instinet, Comerford was responsible for the company’s algorithmic trading and analytics platforms, as well as for leading its market microstructure research. Before that he spent time at Nomura, Schwab Capital Markets and Symphony Asset Management. He was previously a board member for Bats Global Market and holds an equity order routing patent.

One of JP Morgan’s top technologists has left to join FactSet as chief technology and product officer. Gene Fernandez joins the FactSet after 10 years at the US bank in various senior technology positions, most recently as chief technology officer for new product development. In the newly created role, he will oversee FactSet’s engineering, product development and quality assurance functions, reporting directly to the CEO, Philip Snow.

Credit Suisse Group AG electronic-trading executives Eugene Choe and Dmitry Bulkin have left the company after each worked there for 14 years, according to sources. Choe, who oversaw electronic products for the Americas, left the bank to “pursue other opportunities.” Bulkin was head of liquidity strategy in U.S. equities. Anthony Abenante will take over Choe’s responsibilities until a successor is announced, according to the memo.

Swiss exchange group SIX has restructured its securities and post-trade business, and has appointed former Euronext COO Jos Dijsselhof as its new CEO. He will replace Urs Rüegsegger, who announced in May he would retire. SIX will bundle all activities in its securities business by merging its exchange and post-trade areas into one unit, with all securities services being provided by a single division.

Pryor Cashman LLP announced that corporate trust attorney David Smith has joined the firm, an addition that strengthens the firm’s comprehensive legal capabilities to service its corporate trust clients. Smith brings more than a decade of experience representing banks and other financial institutions, including two years inside the corporate trust department of The Bank of New York Mellon. He joins the firm’s New York office as counsel.

 

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