Bay Crest Partners Appoints MF Global Vet As President

Feb 3 2014 | 8:56am ET

Institutional brokerage and financial services firm Bay Crest Partners has named Kumaran Vijayakumar to the newly-created role of president. 

Vijayakumar joins Bay Crest after leading the build-out of MF Global’s equity derivatives business. Prior to MF Global, he was a managing director and head of volatility trading with primary responsibility for the equity derivatives and convertibles products with Bank of America Securities.

Vijayakumar joins William Mulligan, Jr., managing member, and Anthony Riccio, Jr., principal, as a partner in the firm.

"As we continue to strategically expand and refine our platform at Bay Crest, Kumaran's background as a thought leader, industry expert on market structure, and an architect of talented trading teams highlights our value proposition for institutional clients," said Riccio.

Mulligan added, "Kumaran's personality and skills fit perfectly with our firm's culture and approach to client service. We are continuously examining our focus and our platform to make certain we are well-positioned in the changing market landscape, but our commitment and responsiveness to our institutional clients will always remain the cornerstone of our business."

Bay Crest Partners is an agency-only broker dealer providing trade execution, market strategy insight, technical research and corporate access.

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