BTIG Expands Global Equities Group

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.

 


In Depth

The Benefits Of Private Debt Investing

May 7 2015 | 10:43am ET

Jeffrey Haas is chief operating officer of Old Hill Partners Inc., an SEC-registered...

Lifestyle

Yale Receives $150 Million Gift from Blackstone’s Schwarzman

May 12 2015 | 12:10am ET

Yale University announced it has received a $150 million gift from Blackstone Group...

Guest Contributor

How To Generate 6% Yield In A Volatile World

May 22 2015 | 6:41am ET

Private credit comes in many different flavors, all with the common themes of over...

 

Editor's Note