J. Christopher Giancarlo, chairman of the Commodity Futures Trading Commission, has chosen derivatives expert Bruce Tuckman as chief economist of the agency. Tuckman will succeed Sayee Srinivasan, who will become a special adviser to the CFTC.
Societe Generales most recent prime brokerage reshuffle will mean John OHara not only maintains control of foreign exchange prime brokerage and FX clearing, but his promotion will also see him responsible for US prime brokerage lines, futures and OTC derivatives clearing.
If you have a new job or promotion to report, let me know at jdantona@marketsmedia.com
Academy Securities, a certified Disabled Veteran Business Enterprise, and Minority Business Enterprise, announced the addition of Glen Capelo as Managing Director and Head of the Rates Group. Capelo is a professional with over 30 years of experience in fixed income sales and trading. He started his Wall Street career at Salomon Brothers, rising to the level of Managing Director as a trader on the Government Bond desk. After 17 years at Salomon he joined Greenwich Capital where he traded both US Treasuries and Agencies. Most recently Mr. Capelo was a Managing Director and Co-Head of Rates at Mischler Financial.
The Chicago Board Options Exchange has hired Mike Cahill. Cahill was a former relationship manager within KCGs FX market making business and will oversee sales for European systematic trading and asset management firms, based in London. Prior to KCG, Cahill worked at Nomura Securities within FXEM eCommerce sales and also worked at Morgan Stanley for more than seven years in e-FX sales having first joined the investment bank in 2006. He reports to head of European FX sales at Hotspot, Ben Leit.
Goldman Sachs has been bulking up its algo team. According to reports, in the past few months the firm brought on bothTimo Tatzel, a program traderfrom Barclays and Davinder Bedi, a special situations trader, also from the British bank. They follow fellow ex-Barclays electronic traders like Alex Harman, who joined Goldman a few years ago. Goldmans also boosting its electronic execution sales and marketing capabilities. Since June, its hired Pierre Cornet dElzius and Tom Groothaert, salesmen from Credit Suisse and Alexandra Marciniak, former head of marketing for Bloombergs trade book (who joins as an associate). Its also understood to have recruited Jack Leppard in electronic execution sales from KCG.
Wilshire Consulting, the institutional investment advisory and outsourced-CIO business unit of Wilshire Associates, announced the appointment of four company executives;Bradley Baker, Rose Dean, Ali Kazemi, and Ned McGuire, to the position of Managing Director.
Bradley Baker joined Wilshire in 2005 and provides consulting services to corporate and public pension funds, endowments, foundations and healthcare organizations.He will continue to serve as the chair of Wilshire Consultings Private Real Assets Asset Class Committee in his new role.
Rose Dean specializes in providing consulting services to corporate and public pension funds, endowments, foundations and healthcare organizations. She also currently serves on the Fixed Income/LDI and Private Equity/Credit Asset Class Committees. She joined Wilshire in 2015 after running a start-up alternative investment consulting business, where she advised on opportunities focused on alternative investment strategies. She spent the first half of her 16-year career in the financial markets as a fixed income trader and a portfolio manager.
Ali Kazemi provides investment and risk management consulting services to public and corporate pension plans, foundations and endowments, and insurance companies. He joined Wilshire in 2001 and worked for many years in product development and client servicing with Wilshire Analytics’ Total Fund Analytic products before joining Wilshire Consulting to help build the risk management team, which he also now heads.
Ned McGuire joined Wilshire in 2011 and is a member of Wilshire Consultings Pension Risk Solutions group. He is responsible for researching and maintaining Wilshires proprietary asset allocation models, conducting asset allocation studies and serving as an actuarial consultant to plan sponsors. He will also continue to serve as a member of Wilshire Consultings Fixed Income/LDI Asset Class Committee in his new role.
Liquidnets former head of Australia, Tristan Baldwin, relocated to Hong Kong following his promotion as regional head of sales for Asia-Pacific.
