New York-based Macro Risk Advisors, an equity derivatives strategy and execution broker-dealer, has tapped Brian Bier as managing director and head of equity derivative sales and trading.
In his new role, Bier will lead the sales and execution team.
Bier comes to Macro from Nomura Securities, where he served as head of listed equity derivative trading. Prior to that, he ran energy, retail and technology volatility trading books at Banc of America Securities. Before that, he was a structured equity derivatives trader at Lehman Brothers.
"Brian has priced and risk managed some of the largest trades in the history of the options market and our clients will greatly benefit from his perspectives on portfolio risk management," said Dean Curnutt, founder and CEO of MRA, in a statement. "His client focused approach will significantly enhance both MRA's execution and strategy offering."
Founded in 2008, MRA provides services to institutional and alternative managers who collectively manage AUM in excess of $150 billion.