Tuesday, 26 May 2015
Last updated 36 min ago
Sep 12 2012 | 8:27am ET
New York-based financial services group Direct Access Partners has acquired I.A. Englander’s listed equity derivatives team.
The team includes Harry Silver, Mark Neuberger, Martin Field and Steven Goldfarb, each of whom has over 20 years of option trading experience at major investment banks, hedge funds and boutique firms.
Silver is a former Morgan Stanley managing director, Neuberger’s career included stints at both Morgan Stanley and JPMorgan, Field is a veteran of JAS Securities and JPMorgan, and Goldfarb has worked at Susquehanna Investment Group, EntreMed and Pali Capital.
The Direct Access options team will focus on “dynamic hedging, yield enhancement, stock replacement and volatility strategies for client portfolios,” implementing its strategies through listed equity derivatives, including single stock, ETF and index options.
Said Ben Chinea, CEO and founder of Direct Access, in a statement: “The I.A. Englander transaction is another step in the execution of our business strategy to expand into relevant and complimentary business lines. The team is an excellent fit as we continue to evaluate and actively pursue new business opportunities in asset management and global institutional trading across all asset classes.”
Founded in 2002, Direct Access Partners offers multi-asset class trading capabilities in over 100 developed and emerging markets to mutual funds, hedge funds and registered investment advisers. The firm has offices in New York, Boston, Miami and St. Louis.
Mar 20 2015 | 12:45pm ET
StreetWise Partners, a non-profit organization that works with low-income individuals to help them overcome employment barriers, raised over $275,000 at the 2015 Raising the Ante Charity Poker Tournament and Casino Event last Wednesday evening at Capitale. Here are some photos from the event. Read more…