Thursday, 2 October 2014
Last updated 15 hours ago
Jun 3 2013 | 11:04am ET
BTIG, a broker-dealer to the alternative investments industry, has made two hires for its global foreign exchange desk.
John (Jack) Wagg and Joseph Acosta have joined the (now) nine-member desk, launched last November and led by FX veterans and BTIG managing directors, Alan Circle and Martin Ferraro. Both new hires will be senior vice presidents and sales traders.
Wagg managed an overnight trading desk at Newedge USA from 2002 to 2011. Prior to that, he worked as the Asia shift desk manager for Prudential Securities in New York. Prior to Prudential, Jack also worked as a trader at two hedge funds, Caxton Corporation and MLC Investments.
Acosta worked as a director at QFS from 1999 to 2012, trading their currency, global macro and fixed income models. Prior to QFS, Joe worked as a senior trader on the foreign exchange desk at The Bankers Trust Company.
“Jack and Joseph are joining a great team with a long history operating in the FX space,” said Anton LeRoy, Head of FICC at BTIG. “With the increasing importance of FX to our institutional clients, we hope to announce additional hires later this year. We see foreign exchange as a natural extension of our firm’s offerings and believe that we can offer best-in-class-service with anonymous execution via our established network of interbank relationships and non-bank liquidity providers.”
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...