TradeStation Snags Citigroup Exec. To Focus On Small, Mid-Sized Hedge Funds

Aug 22 2013 | 1:58pm ET

Online brokerage firm and trading platform TradeStation has tapped Michael Collins to head prime brokerage sales.

Collins joins TradeStation from Citigroup, where he was most recently a director of prime finance sales within Citi Global Markets.

In his new role at TradeStation, Collins will be responsible for continuing to build TradeStation's Prime Services offering, with a focus on emerging managers and small to mid-sized established hedge funds.

"I'm excited to join such a great franchise, which is focused on serving the hedge fund community with a unique combination of execution and prime," Collins said. "With the structural changes that big banks are undergoing, our senior team of prime-brokerage veterans can serve small to mid-sized managers with an electronic execution platform that leads the market in its technology and speed."

Rob Sackett, head of TradeStation Prime Services, said, "Mike's expertise will benefit both new and existing customers. Small to mid-sized hedge funds are often seen to be at a disadvantage to larger funds when comparing prime services. Our goal is to level that playing field. With our self-clearing capabilities and the hiring of bulge bracket personnel such as Mike, we're poised to make a large impact in the small to mid-sized hedge fund space."

Collins spent 10 years at Citi within prime finance and previously worked on the Institutional Equity Sales desk at Morgan Stanley. 


In Depth

Kettera Q&A: The Advantages of Alternative Investment Platforms

Oct 28 2016 | 5:52pm ET

The past several years have seen a distinct push towards easier and cheaper access...

Lifestyle

Midtown's Plaza District Fades As Manhattan Office Landscape Shifts

Nov 22 2016 | 6:32pm ET

Lower leasing costs, more efficient office space and the hope of projecting an image...

Guest Contributor

Nowhere to Hide: Why the Future of Asset Management Depends on Innovation

Nov 15 2016 | 6:55pm ET

Information technology has reshaped the asset management industry’s periphery,...

 

From the current issue of

Chicago-based independent futures brokerage and clearing firm R.J. O’Brien & Associates (RJO) has hired industry veteran Daniel Staniford as Executive Director, responsible for the firm’s institutional business development in New York and London.

AVAILABLE NOW at BARNES & NOBLE

NEWSTAND LOCATOR