TRADERS ON THE MOVE: NYSE Appoints Cunningham; Brean Hires Two Sales Traders

NYSE appointed Stacey Cunningham as president of its Governance Services group. Cunningham, a 17 year veteran, was most recently head of sales & relationship management for NYSE Group. In her new role, she will oversee the provision of board education, compliance tools and services, such as codes of conduct and ethics training, and promote collaboration and sharing of best-practices to support clients’ governance, risk and compliance requirements. Before NYSE, she was the head of U.S. equities sales at Nasdaq OMX Group’s trading business. Cunningham joined Nasdaq OMX Group in 2007 as director of capital markets. Previously, she was vice president of trading at Banc of America Specialists for five years. She reports to NYSE President Thomas Farley.


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Brean Capital has hired a pair of sales traders – William Daley and Jim Morris. As part of the firm’s equity operations buildout, Daley came onboard as a senior trader to cover Boston-area clients and Morris, also a senior trader, will cover the technology sector.

Daley previously worked at Weeden & Company and headed the Boston office at Deutsche Bank. Morris, spent the last nine years with Needham & Co. on both their derivatives desk and as a senior sector trader on their equity trading desk. Prior to Needham, Morris had also spent 14 years with Merrill Lynch, five years on the systems side and then nine years trading in their equities division both in the technology and consumer sectors.

BGC hired Phil Cramp as its head of credit, repo and EGBs in London. Cramp succeeds Rob Kitchin who has been employed with BGC for twenty years and is leaving to pursue interests outside the industry. Cramp will formally assume Kitchin’s role on December 1.

Cramp, a 30 year professional, was previously head of credit EMEA at ICAP, a position he held for the last two years. Prior to this, he was managing director of Euro interest rate swaps at ICAP. Cramp began his career at Tullett and Tokyo, where he worked in the financial futures division before moving to the capital markets division.

OpenGamma, a leading provider of risk management and analytics solutions, has announced the appointment of financial technology investor Mark Beeston as Chairman of its Board of Directors and Christobel Conte, former CEO of Sungard, to its board. As you likely know, Beeston is influential in the financial technology sector, and used to run the post-trade risk businesses at Icap.