JonesTrading Taps Fidessa's Garceau As CTO

Oct 3 2011 | 11:29am ET

Brokerage firm JonesTrading Institutional Services has hired Jack Garceau as chief technology officer.

Garceau joins the firm from the Fidessa Group, where he spent 13 years in a number of senior positions—most recently as head of business development. His technology experience includes stints with SunGard and Bloomberg while his trading experience includes work at Oppenheimer Funds in equities and Chicago Corp in commodities.

Garceau joins the firm during a period of growth: over the past year, JonesTrading has expanded in both asset classes and regions served. The broker expects to make additional strategic appointments in the coming months, as it anticipates its business will continue to expand despite the general economic downturn in the financial services space.

Said Packy Jones, JonesTrading’s chairman and CEO: "We are building technology to assure that we have in place a sophisticated foundation for continued success. Jack Garceau brings the right combination of expertise and experience and understands our goals. He will fully design and implement technology that will serve both our traders and clients."

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