BTIG Duo Switch to Cowen

Financial services firm Cowen has announced Alan Circle and Martin Ferraro as managing directors and co-head of foreign exchange, commodities and futures in its Outsourced Trading division. In their new positions, the two men will lead an expanded service offering to the firm’s current clients, while actively extending the reach of Cowen’s outsourced trading to […]

Dolan Joins BTIG

Thomas Dolan has joined BTIG as a director in the firm’s New York office.Dolan joins following 12 years at Credit Agricole, where he worked in FX institutional and bank sales, also based in New York.Prior to joining the French bank in 2004, he was a senior FX sales/trader at Newedge for over two years. Before that, he worked as an FX trader at Goldman Sachs, Bear Stearns and Commodities Corp in a career stretching back to 1989.

10 Firms Join to Create Code of Conduct for Digital Asset Markets

Ten financial services and technology firms leading developments in the digital asset and blockchain space have joined together to create the Association for Digital Asset Markets (ADAM) to establish a Code of Conduct for emerging digital asset markets.

US-based ADAM will proactively seek comprehensive standards for digital asset market participants. The group, which includes BitOoda, BTIG, Cumberland, Galaxy Digital, Genesis Global Trading, GSR, Hudson River Trading, Paxos, Symbiont and XBTO, says it will work with current and former regulators to provide rules for the efficient trading, custody, clearing and settlement of digital assets.

Future guidelines will encourage professionalism and ethical conduct by all market participants, increase transparency by providing information to regulators and the public, and deter market manipulation, the group stated.

Daly Joins BTIG

Brendan Daly has joined BTIG as a director within the foreign exchange trading division.
Based in New York, he will report into Alan Circle and Martin Ferraro, managing directors and co-heads of FX trading at BTIG.
The firm says Daly will focus on expanding existing BTIG relationships, and will work to identify new introductions across the US and beyond for high-touch and low-touch foreign exchange-focused industry participants.
Prior to BTIG, Daly was a director at Newedge for nearly a decade. Previously, he was a proprietary trader at Société Générale and Gelber Securities. Earlier in his career, he held similar roles at Calyon Corporate and Investment Bank, and Credit Lyonnais.

Hobert Joins BTIG

David Hobert has joined BTIG’s FX team in New York, to focus on developing new business. He has been named as a managing director and will report to Alan Circle and Martin Ferraro, managing directors and co-heads of foreign exchange trading at BTIG.
Prior to BTIG, he spent several years in a senior business development role at Autonomy Capital. Previously, Hobert held management and sales roles in New York and London including head of emerging market sales at UBS and RBC, and head of local market sales at Lehman Brothers.

Thomas Joins BTIG

Gareth Thomas joins BTIG’s FX trading group in New York as a director of TradeSave FX.

TradeSave FX is BTIG’s electronic FX platform, which the firm says offers “low-touch technology for advanced direct market access”.

“Gareth joins us following a distinguished career within foreign exchange trading,” says Anton LeRoy, COO of BTIG. “His broad range of experience includes client coverage for premier institutional asset owners sourcing liquidity and building FX aggregation technology.”

Prior to BTIG, Thomas was a sales director at FastMatch, where he developed, maintained and strengthened client relationships within the electronic FX market.

BTIG Hires Two

Brokerage firm BTIG has added two to its New York team.
John Silver is joining as managing director of foreign exchange, and Andrew McSweeney enters the firm as managing director of interest rates.
“John and Andrew will play a vital role in expanding our foreign exchange and interest rates expertise,” says Anton LeRoy, chief operating officer, at BTIG. “As we build out our business to address increasing client demand, we continue to identify proven leaders in our space to service clients at the highest level.”