Jefferies has hired Michael Porzio as SVP, head of e-FX product, Bryan Seegers as SVP, quant relationship management, and Patrick McInerney, SVP, sales trader.
All three will be based in New York and will report into Ray Kamrath, global head of FX at Jefferies.
Porzio started his career in financial services when he joined Merrill Lynch in 2005. Following the acquisition of Merrill Lynch by Bank of America, Porzio was made regional lead, VP of e-FX client services in 2010 of the newly minted Bank of America Merrill Lynch (Baml). In 2012, he was named as VP, e-FX sales, America at the bank.
Seegers joins Jefferies after five years working at ADS Securities in Abu Dhabi, where he most recently held the title of co-head of global e-FX coverage. Prior to that, he worked as the chief dealer at Aplari, as an FX trader at Ikon, and as a client services specialist at Raymond James Financial.
McInerney joins from Credit Suisse, where he was a director of spot FX trading. Before that, he worked on Bank of Tokyo Mitsubishi’s spot desk in New York.
He was previously a director in the fixed income, currencies and commodities (FICC) division at Baml.
McInerney joined Baml in New York in 2011 from Standard Chartered, where he was director, head of deliverable spot trading, Americas. Prior to this, he was chief dealer, foreign exchange at Svenska Handelsbanken.
“We are pleased that our FX expansion around our upgraded electronic trading capabilities is moving ahead,” says Ray Kamrath, global head of FX at Jefferies.