NEW YORK--(EON: Enhanced Online News)--BTIG, LLC, a global financial services firm specializing in institutional trading and related brokerage services announced the expansion of its Global Portfolio and ETF offering with the addition of six new hires:
“By analyzing the liquidity concerns of underlying assets, they are able to consistently provide effective price discovery and seamless execution in both thin ETF and more liquid names. This team gives clients another opportunity to take advantage of BTIG’s commitment to liquidity, confidentiality and superior execution capabilities.”
- Thomas Smykowski - Managing Director, Head of Global Portfolio and ETF Trading
- Mark Perdigao - Managing Director, Head of Global Portfolio and ETF Sales
- Craig Fishman - Global Portfolio and ETF Trading Director
- Dmitriy Teplinskiy - Quantitative Technology Team Director
- Debayan Bhaduri - Quantitative Technology Team Director
- Alex Colea - Quantitative Technology Team Senior Vice President
Tom, Mark and Craig will provide portfolio execution and ETF analysis across a breadth of asset classes including U.S., international, fixed income and commodity ETFs. The team’s experience and track-record of estimating impact cost and market risks enables them to determine the optimal execution strategy for portfolio rebalances, trim trades, fundings, liquidations, cash inflows/outflows and index events.
The Global Portfolio and ETF Trading team will be supported by the firm’s new Quantitative Technology Team which includes new hires, Dmitriy, Debayan and Alex. The Quantitative Technology Team will develop customer trading algorithms and implement analytic systems.
“The Global Portfolio and ETF Trading team’s ability to enter and exit the most sensitive positions with minimal market impact will further strengthen BTIG’s reputation for dedication to superior client-service,” said Steven Starker, Co- Founder of BTIG.
“True to BTIG’s brand differentiator, this new team will set itself apart by providing a premium and personalized service to clients,” said Richard Blank, Head of Institutional Sales at BTIG. “By analyzing the liquidity concerns of underlying assets, they are able to consistently provide effective price discovery and seamless execution in both thin ETF and more liquid names. This team gives clients another opportunity to take advantage of BTIG’s commitment to liquidity, confidentiality and superior execution capabilities.”
These new hires are part of BTIG’s expansion plan which includes the addition of 100 new employees in 2013. Earlier this year BTIG added a new Interest Rates trading desk, hired new professionals to join both its Research team and Global Foreign Exchange desk and also expanded into the southeast region with a new office in Atlanta. BTIG’s international affiliates have also added several positions in London and Sydney. Additional new hires are expected before the end of the year.
About BTIG’s New Hires
Thomas Smykowski, Managing Director and Head of Global Portfolio and ETF Trading - Prior to joining BTIG, Tom worked at ConvergEx Group for eight years where he developed his expertise in both portfolio and ETF trading technologies, ultimately creating their ETF group in 2011.
Mark Perdigao, Managing Director and Head of Global Portfolio and ETF Sales - Mark was named President of BNY Brokerage in 1991 and was responsible for the growth of the institutional business at the firm. In 1997, he led the acquisition of ESI Securities and B-Trade. At the new entity, ConvergEx Group, he managed the business and product development efforts.
Craig Fishman, Director of Global Portfolio and ETF Trading - Over the past eight years, Craig was a portfolio trader at ConvergEx. He began his career at Lynch Jones and Ryan in their back office eventually rising to the position of a sales trader when they were acquired by Instinet.
Dmitriy Teplinskiy and Debayan Bhaduri, Quantitative Technology Team Directors and Alex Colea, Quantitative Technology Team Senior Vice President - Dmitriy, Debayan and Alex collectively bring a deep breadth of development expertise that will strengthen BTIG’s quantitative tools and benchmark reporting capabilities. Their efforts will include algorithmic and smart routing development, a real-time ETF pricing engine and pre-and post-trade analytics.
BTIG, LLC is a global financial services company offering products and services across Equity Trading, Derivatives, Fixed Income, Futures & Commodities, Foreign Exchange, Convertible/Preferred Securities, Corporate Access, Equity Research, Capital Markets, Prime Brokerage, Electronic Trading and Outsource Trading. With U.S. offices located in New York, San Francisco, Dallas, Boston, Chicago, Los Angeles, Greenwich, Red Bank, Atlanta and Orinda, and overseas affiliates located in London, Hong Kong, Singapore and Sydney, BTIG, including through its affiliates, employs more than 400 professionals worldwide.