Institutional broker/dealer Ticonderoga Securities has launched an equity derivatives group, which will be led by industry veteran Vuk Bulajic.
According to the firm, the new group will diversify Ticonderoga’s product offerings, which were recently expanded to include institutional equity research.
Prior to joining the firm, Bulajic served as head of U.S. equity derivatives at the French bank Natixis for eight years, and in the same position at BNP Paribas from 1997-2002. He was also global head of equity derivative trading at Lehman Brothers, and helped launch the equity derivatives group for the Americas at Nat West Capital Markets in the early 1990s. Earlier in his career, Bulajic worked as a trader for Morgan Stanley and Stern Brothers.
“We are extremely pleased to be able to launch our equity derivatives group with such an experienced and knowledgeable leader as Vuk,” said Shawn McLoughlin, CEO and co-founder of Ticonderoga Securities. “His success in building teams from the ground up will be valuable as we continue to build out our equity derivatives team over the coming months to deliver services in several sectors important to our clients.”
Ticonderoga Securities has a presence on the floor of the New York Stock Exchange and also offers desk-based trading models.