Wednesday, 1 October 2014
Last updated 6 hours ago
Aug 10 2010 | 9:54am ET
BTIG, a broker dealer specializing in institutional trading and related brokerage services, has appointed Michael Nethercott as a director in equity sales trading.
Nethercott joins BTIG from Lighthouse Financial Group, where he was part of the firm's agency focused execution desk. Prior to Lighthouse, Nethercott was with Bear Stearns for eight years.
"We are happy Michael chose BTIG's platform to continue covering his clients," said Richard Blank, managing director and global head of equities at BTIG. "We continue to attract top talent to our sales and trading business. Michael brings with him expertise and long-term institutional relationships which is what has defined BTIG."
Last week, Lighthouse Financial Group was forced by regulators to halt trading operations. One source told FINalternatives that the firm was reportedly in talks regarding a potential acquisition, but another source familiar with the situation now tells FINalternatives that there has been no movement in that area.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...