Liquidnet continues to bulk up its newly formed Execution & Quantitative Services Group by hiring two new veteran equities executives. The block trading and global institutional network announced that it has further expanded its Execution & Quantitative Services (EQS) Group with two new hires, Craig Viani and Gerald Jerry Casey.
Craig Viani joins Liquidnets Algo Services Group as an execution consultant. Viani, a veteran with over 20 years of industry experience to his new role comes from the Market Structure & Technology Research at Greenwich Associates where he advised institutional clients on the challenges of electronic trading in US equities. Before that, he served as Managing Director and Head of US Electronic Trading Product Management at ConvergEx, where he built and operated the dark pool, smart order routing and algorithmic technologies. Viani reports directly to Mike Capelli, Head of Liquidnets Algo Services Group.
Jerry Casey comes onboard as Head of Trading Strategy. Also a professional with over 20 years of experience, brings Liquidnet experience in program trading, index changes and enhancements, corporate actions and quant-based trading ideas. Previously, he was with Barclays Capital as a member of the Global Portfolio Sales Team. Prior to Barclays, Casey filled various roles at Nomura, Lehman Brothers and Socit Gnrale. He reports directly to Rob Laible.
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Dougal Brech, the co-head of EMEA prime services for Credit Suisse, will next month leavethe bank after almost a decade to pursue “outside interests,” according to an internal memo.The bank will conduct a search for Brechs replacement, the memo noted.Brech wanted to see his team through its transition to Dublin, which was announcedearlier this week. Manish Vekaria, his co-head with a focus on Delate 1, trading and risk, will become CEO of the banks Dublin prime operations.
Tullett Prebon, which is buying rival ICAPs voice-broking division, said that itwill reduce headcount in its interdealer business in Europe and North America by about 70 people, more than than the job cuts it announced in November.The cuts, equivalent to 7.5 percent of front-office staff in the interdealer unit, will result in 25 million pounds ($36 million) of charges to the companys 2015 accounts.
Realogy Holdings Corp., the preeminent and most integrated provider of residential real estate services in the United States, today announced the appointment of former NYSE CEODuncan Niederauer to its Board of Directors. With his appointment as an independent director, the Realogy Board now consists of 10 directors, eight of whom are classified as independent directors for purposes of the listing standards of the New York Stock Exchange. The Realogy Board has not yet determined the committees on which Mr. Niederauer will serve.
UBS Wealth Management has hired former Brevan Howard partner Vinay Pande as managing director and head of trading within its chief investment office (CIO).Pande will form part of a four-person team within the CIO focusing on ultra-high net worth and alternatives. His team will include former Brevan colleagues Gerald Lucas, Yang Tang and Miguel Costa.Prior to joining Brevan in 2012 Pande was a managing director with Deutsche Bank between 2006 and 2012 after a stint as portfolio manager with hedge fund Caxton Associates.He has also held trading roles with Goldman Sachs, Credit Suisse and JP Morgan and served as World Bank CIO between 1985 and 1993.
Bond firm Siebert Brandford Shank hired Jeffrey Mahoney as managing director in institutional sales. Based in New York, the 30-year veteran was most recently executive director of municipal securities at Morgan Stanley. Prior to that, he was a director of municipal securities sales at Citigroup, as well as a partner at William E. Simon & Sons, where he was a municipal securities trader and a part of the institutional sales team.
