BTIG Beefs Up Team With Five New Hires

Aug 13 2009 | 12:12pm ET

Institutional broker dealer BTIG is beefing up its team with five new hires. 
Michael Balog has joined BTIG as managing director, global marketing, where he will be responsible for creating, developing, and streamlining the product flow from various existing and newly developed sources both internal and external. Balog began his brokerage career at Montgomery Securities, ultimately serving on the executive committee and running institutional research sales and marketing at Bank of America Securities. After leaving Bank of America in 2002, he managed money for a family office on the West Coast.
Brendan Hughes comes to BTIG after a 13 year career in the Boston office of Citigroup. He has joined BTIG’s Boston office as managing director and equities sales trader in the institutional division.
Robert Langer has joined BTIG as the new head of convertible bond sales and trading. Langer was most recently a consultant for multiple U.S. hedge funds and investment advisors. Prior to that, he was partner at Stanfield Capital Group, a multi-billion dollar hedge fund firm based in New York.
Tina DeRico comes to BTIG after nine years at Citigroup where she helped establish and lead the middle markets sales trading team. DeRico has joined the BTIG institutional division as a sales trader in New York.
Marci Field has joined BTIG as a sales trader in New York focusing on international equities. Field was most recently a consultant for large U.S.-based global macro hedge funds and quant funds. Prior to that, she worked at CLSA sales trading Asian equities and running emerging markets trading. 
“Our competitive position in institutional trading has strengthened significantly in recent months as we have leveraged our powerful trading platform to take market share,” Steven Starker, co-founder of BTIG, said. “These new hires not only bring with them deep relationships in the institutional trading community, but their expertise will also help strengthen our existing offering for current clients.”

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