Uncategorized The Biggest Traders Moves of 2014 By Editorial Staff - January 12, 2015 ShareTweetShare 1 of 18 Duncan Niederauer resigned from the New York Stock Exchange in August, months ahead of speculation. In the press reports, the 54 year-old head of the exchange cited progress with then-new owner IntercontinentalExchange Group. Thomas Farley, 38, is now solely in charge of the NYSE. NASDAQ OMX's John Jacobs retired after more than 30 years of leadership and service to the market maker. Effective January 2, 2015, Jacobs exited his position as executive vice president of global information services. BATS Global Markets announced the appointment of Chris Concannon as its president. Formerly the president of high-frequency trading firm Virtu, he has been a prominent figure in the ongoing debate between HFTs, the exchanges and the buyside. He spent six years at Nasdaq as executive vice president, transaction services. Bank of America Corp. trading executives David Moore and David Hartney (pictured above) departed as the firm prepares to eliminate fixed-income and equities jobs worldwide. The bank's fixed income desk saw plenty of downsizing in 2014. Gene Reilly departed Bank of America's head of global market-making this year after the project was shuttered. He joined the newly started Arxis Capital, a NY start up that is seeking at elast $150 million. It's being lead by Tom Joyce, the former head of Knight Capital. Joyce became executive chairman of the new company in August, according to his LinkedIn profile. Enrico Gaglioti, Goldman Sachs' global head of equity sales, left the Wall Street powerhouse after 16 years. The 42 year-old became an advisory director, according to an internal memo from trading co-heads Pablo Salame, Isabelle Ealet and Ashok Varadhan. "He has played an important role in the expansion and evolution of our market-leading equities franchise, including growing many key client relationships and driving the creation and strategic development of many of our equities businesses," read an internal Goldman Sachs memo announcing Gaglioti's departure. Jeff McCarthy was named vice president, head of ETP Listings & Services at Nasdaq. McCarthy hails from Citigroup's Investor Services & Markets group, where he was responsible for Global ETF & North America Fund Services. Prior to Citigroup, McCarthy served as the Global ETF Product Head and Global Sales & Relationship Manager at Brown Brothers Harriman & Co. Paul J. Taubman (pictured above), co-president of Institutional Securities inside Morgan Stanley retired last year. He was replaced by Colm Kelleher, who was a co-president of Institutional Securities with Taubman, became sole president of the division in January. The 51-year old Taubman, who has been at Morgan Stanley for thirty years, and the 55-year-old London-based Kelleher have been at odds since they were named to their present positions in December, 2009, according to press reports. Colm Kelleher, who is also a co-president of Institutional Securities with Taubman, became sole president of the division in January, Morgan Stanley said. With Taubman's retirement, the Irish-born Kelleher will become head of the institutional securities unit which combines trading, sales and investment banking. One of the scions of Goldman Sachs stepped aside to make room for new blood. John Weinberg (pictured above) will give up day-to-day management of the investment banking division and step back to focus on client development. ShareTweetShare